statute of repose

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This case arose out of the 2008 collapse of Respondent Lehman Brothers Holdings Inc. (“Lehman Brothers”). See In Re Lehman Bros. Securities and ERISA Litigation, 799 F. Supp. 2d 258, 264 (S.D.N.Y. 2011). Lehman Brothers was a large investment bank,...

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In this case, respondent Vanessa Simmonds challenges the conduct of fifty-four underwriters in their activities related to a series of Initial Public Offerings (“IPOs”) of equity securities in the stock...

(LIIBULLETIN preview (pre-2014))
Facts

From 1959 to 1985, Petitioner CTS Corporation (“CTS”) operated a fifty-four acre facility in Asheville, North Carolina, where notable quantities of chemicals were stored. Waldburger v. CTS Corp. 723 F.3d 434, 440 (4th Cir. 2013). In 1987, CTS sold...

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Kellogg Brown & Root (“KBR”) had a government contract to supply logistical services to the United States military in Iraq. See U.S. ex rel. Carter v. Halliburton Co., 710 F.3d 171, 174 (4th Cir. 2013). For about three months in 2005,...

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Respondent IndyMac MBS, Inc. (“IndyMac”) is an issuer of a type of security known as mortgage pass-through certificates. See In re IndyMac Mortgage-Backed Securities Litigation, 718 F. Supp. 2d 495, 498–99 (S.D.N.Y. 2010). The Securities Act of 1933 (“...