Corporate & Business Law - Top Cases
3/3/2009 3:51:50 PM EST
Madden v. Cowen & Co., 2009 U.S. App. LEXIS 2596
Case was remanded because the shareholder's state complaint met the requirements of the Delaware carve-out, 15 U.S.C.S. § 77p(d), because it was based on the law of the state in which the issuer of the relevant securities was incorporated, and it involved a communication (the bank's fairness opinion) with respect to the sale of those securities.
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