Parties File Briefs As Amici Curiae In Support Of Defendants In Securities Suit

(September 15, 2017, 11:55 AM EDT) -- WASHINGTON, D.C. — The Washington Legal Foundation (WLF) and DRI — The Voice of the Defense Bar each recently filed briefs as amici curiae in support of defendants in a U.S. Supreme Court appeal of a California Superior Court ruling that shareholders in a securities class action are not preempted from bringing their claims under the Securities Act of 1933 by the Securities Litigation Uniform Standards Act (SLUSA) (Cyan Inc. v. Beaver County Employees Retirement Fund, et al., No. 15-1439, U.S. Sup.)....