High Court Review Of Ruling Necessary Under American Pipe, Investors Say

(November 9, 2016, 5:26 PM EST) -- WASHINGTON, D.C. — U.S. Supreme Court review of a New York federal court’s dismissal of a securities class action lawsuit is proper because the federal court erred in determining that investors’ claims were not timely in contradiction to the Supreme Court’s ruling in American Pipe & Construction Co. v. Utah, the investors argue in a petition for writ of certiorari filed Sept. 26 (Russell Dusek, et al. v. JPMorgan Chase & Co., et al., No. 16-389, U.S. Sup.; 2016 U.S. S. Ct. Briefs LEXIS 3491)....

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