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Re: 3rd Circuit Upholds Dismissal of Class Action Against Salomon Smith Barney -- Should Have Been: Congress Approves Moving Class Action Suits to Federal CourtFrom: Braun, R. Daniel (rbraun@iupui.edu)Mon Feb 21 04:31:49 2005
But the first one was much more scary and really appropriate. Dan R. Daniel Braun, MD "If everyone likes you, you're doing something wrong." Kinky Friedman I believe a self-righteous liberal or conservative with a cause is more dangerous than a Hell's Angel with an attitude. Andy Rooney -----Original Message----- From: ob-gyn-l@obgyn.net [mailto:ob-gyn-l@obgyn.net] Sent: Sunday, February 20, 2005 1:58 PM To: Multiple recipients of list OB-GYN-L Subject: Re: 3rd Circuit Upholds Dismissal of Class Action Against Salomon Smith Barney -- Should Have Been: Congress Approves Moving Class Action Suits to Federal Court .. Ooopa! That was not what I had intencded to post. What I really ment to post is below: Congress Approves Moving Class Action Suits to Federal Court The Associated Press In a 279-149 vote, the House on Thursday passed legislation that would transfer most large, multistate class action lawsuits to federal court, fulfilling one of President Bush's second-term goals. The aim of the bill was to protect businesses and stop lawyers from reaping huge profits by filing suits in carefully selected state courts. Bush is expected to sign the bill into law today. http://www.law.com/jsp/article.jsp?id=1108389932957 - - - - Date: Sun, 20 Feb 2005 12:38:44 -0600 Reply-To: ob-gyn-l@obgyn.net Originator: ob-gyn-l Sender: ob-gyn-l@obgyn.net From: "" <dean@thehuffpeople.net> To: Multiple recipients of list OB-GYN-L <ob-gyn-l@dns.obgyn.net> Subject: 3rd Circuit Upholds Dismissal of Class Action Against Salomon Smith Barney X-Comment: Obstetrics & Gynecology for MEDICAL PROFESSIONALS ONLY X-Virus-Scanned: by amavisd-new at postoffice.omnis.com X-ELNK-AV: 0 .. 3rd Circuit Upholds Dismissal of Class Action Against Salomon Smith Barney The Legal Intelligencer Taking a broad reading of the Securities Litigation Uniform Standards Act, a unanimous 3rd Circuit panel has upheld the removal and dismissal of a state court class action suit against Salomon Smith Barney brought by brokerage customers who claimed they were given biased investment research. The appeals court found that although the suit sounded only in state law claims, the allegations related to the purchase or sale of securities and were therefore pre-empted by SLUSA. http://www.law.com/jsp/article.jsp?id=1108389936040 Dean G. Huffman
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