Petition of the day
The petition of the day is:
Issue: Whether a plaintiff may state a claim under Section 11 of the Securities Act of 1933, which provides for strict liability “on account of” defective registration statements, where he made an irrevocable investment decision to acquire his securities before a registration statement covering the issuance of those securities existed.
Recommended Citation: Mary Pat Dwyer, Petition of the day, SCOTUSblog (Mar. 18, 2014, 7:45 PM), http://www.scotusblog.com/2014/03/petition-of-the-day-571/