United States securities act 1933concurrent state courtslusa

Cyan Inc v Beaver County Employees Retirement Fund

583 US 416 (2018)

JurisdictionUnited States

CourtSupreme Court of the United States

Year2018

StatusBinding authority

Key Principle

State courts retain concurrent jurisdiction over class actions arising under the Securities Act of 1933; SLUSA does not strip state courts of jurisdiction over '33 Act claims.

Area of Law

corporate

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