Investor’s Claims Subject To SLUSA Preclusion, Federal Judge Rules
(December 2, 2015, 2:37 PM EST) -- SANTA ANA, Calif. — Dismissal of a securities class action lawsuit is proper because an investor’s claims are precluded by the Securities Litigation Uniform Standards Act (SLUSA), a federal judge in California ruled Nov. 2 (William T. Hampton v. Pacific Investment Management Co. LLC, No. 15-0131, C.D. Calif.; 2015 U.S. Dist. LEXIS 157491).
(Order available. Document #57-151214-015R.)
Investor William T. Hampton filed a securities class action lawsuit in the U.S. District Court for the Central District of California on behalf of all shareholders in the Pacific...