High Court Asked To Clarify American Pipe Tolling Doctrine

(December 16, 2016, 8:07 AM EST) -- WASHINGTON, D.C. — Parties in a securities class action lawsuit against The Bear Stearns Companies LLC and others asked the U.S. Supreme Court recently to determine whether American Pipe & Construction Co. v. Utah tolling applies to statutes of repose (SRM Global Master Fund Limited Partnership v. The Bear Stearns Companies LLC, et al., No. 16-372, U.S. Sup.)....