Attorneys React To High Court's Merrill Lynch Ruling

Law360, New York (May 16, 2016, 7:41 PM EDT) -- On Monday, the U.S. Supreme Court held that federal securities laws don't preempt some claims from being brought in state court, upholding a Third Circuit ruling that sent a suit against a Merrill Lynch unit and other Wall Street firms back to a New Jersey state court. Here, attorneys tell Law360 why the decision in Merrill Lynch v. Manning is significant.

  Ross A. Albert, Morris Manning & Martin LLP

"As indicated by the 8-0 vote, today's Supreme Court ruling in Merrill Lynch v. Manning was not much of a jurisprudential surprise. Reflecting the near-universal perception that federal courts are a...

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