Supreme Court Will Review Application Of American Pipe Tolling Doctrine In Securities Suit

Mealey's (December 11, 2017, 10:09 AM EST) -- WASHINGTON, D.C. — The U.S. Supreme Court on Dec. 8 announced that it will determine whether the Ninth Circuit U.S. Court of Appeals properly ruled that American Pipe & Construction Co. v. Utah tolls the statute of limitations to permit a previously absent class member to bring a subsequent class action outside the applicable limitations period (China Agritech Inc. v. Michael Resh, et al., No. 17-432, U.S. Sup.)....