Justices Told Filed-Rate Doctrine Killed KeySpan Antitrust Suit

Law360, New York (February 4, 2013, 2:18 PM EST) -- A New York man asked the U.S. Supreme Court last month to revive his class action claiming KeySpan Corp. and a Morgan Stanley unit used a complex financial transaction to gouge electricity buyers, saying the so-called filed rate doctrine was wrongly applied to the case.

Charles Simon filed a petition for writ of certiorari on Jan. 22, asking the high court to overturn a ruling that both his federal and state claims against KeySpan and Morgan Stanley Capital Group Inc. were barred by the doctrine, which...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.