Justices Grapple With ‘Gibberish’ In State Securities Case

Law360, New York (November 28, 2017, 10:41 PM EST) -- The U.S. Supreme Court on Tuesday appeared to struggle with a question about whether Congress had intended to bar state courts from hearing certain types of securities class actions brought under federal law, leading two of the court’s conservative justices to bemoan the “gibberish” of the statutory language they were being asked to interpret.

At oral arguments in the matter of Cyan Inc. v. Beaver County Employees Retirement Fund, the justices sought to get to the bottom of what exactly a provision of the Securities Litigation...
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