Revisiting Affiliated Ute: Back In Vogue In The 9th Circ.

By Michele Johnson and Colleen Smith (May 23, 2017, 1:04 PM EDT) -- Last month marked 45 years since the U.S. Supreme Court's ruling in Affiliated Ute Citizens of Utah v. United States, which established a rebuttable presumption of reliance for securities fraud claims based on omissions of material fact. This Expert Analysis special series explores the decision's progeny in the Supreme Court and various circuits....

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