Investor Recovery Strategies Following ANZ Securities

Law360, New York (July 12, 2017, 11:37 AM EDT) -- In California Public Employees’ Retirement System v. ANZ Securities Inc., (June 26, 2017), the U.S. Supreme Court determined to create more securities litigation. That may not have been the court’s goal, but it will be the outcome, because ANZ Securities creates more uncertainty for investors seeking to recover losses stemming from violation of the Securities Act, and it will require investors to take more affirmative action earlier in the class action to avoid any risk of filing an individual action that is determined to be untimely....
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