High Court Won’t Hear Appeal In American Pipe Tolling Securities Class Action

Mealey's ( June 29, 2017, 2:33 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on June 27 declined review of a securities class action lawsuit against The Bear Stearns Cos. LLC and others, which sought to determine whether American Pipe & Construction Co. v. Utah tolling applies to statutes of repose (SRM Global Master Fund Limited Partnership v. The Bear Stearns Companies LLC, et al., No. 16-372, U.S. Sup.)....