Dismissal Of Federal Securities Claims, Issuance Of Sanctions Upheld

Mealey's (April 12, 2019, 12:51 PM EDT) -- CHICAGO — A Seventh Circuit U.S. Court of Appeals panel on April 11 determined that a federal district court did not err in dismissing a pro se plaintiff’s lawsuit against another security holder of a company in which the plaintiff had invested for federal securities law and common-law violations because the plaintiff’s claims were time-barred and not subject to tolling (Jackson Fairbanks Veit v. Angela Frater, et al., No. 18-2623, 7th Cir., 2019 U.S. App. LEXIS 10711)....