Gorsuch Could Take Strict View Of Securities Law Time Limit

Law360, New York (April 14, 2017, 10:05 PM EDT) -- As Justice Neil Gorsuch takes his seat on the U.S. Supreme Court for the first time Monday to hear oral arguments over the time limits on securities class actions, experts said they'll be watching closely for hints of whether he'll hew closely to the letter of the law or be wrapped up in policy concerns over limiting opt-out litigation.

The case, an appeal brought by the California Public Employees' Retirement System over whether a three-year time limit on certain securities claims can be tolled by the filing of a class action, may not have the same cachet as more controversial cases...

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