Editor's Note :

Editor's Note :

We expect orders from the February 24 conference on Monday at 9:30 a.m. There is a possibility of opinions on Wednesday, March 1.

Amgen Inc. v. Connecticut Retirement Plans and Trust Funds

Docket No. Op. Below Argument Opinion Vote Author Term
11-1085 9th Cir. Nov 5, 2012
Tr.Aud.
Feb 27, 2013 6-3 Ginsburg OT 2012
 
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Holding: Proof of materiality is not a prerequisite to certification of a securities-fraud class action seeking money damages for alleged violations of Securities and Exchange Commission Rule #10(b) and Rule 1.

Plain English Summary:

Judgment: Affirmed, 6-3, in an opinion by Justice Ginsburg on February 27, 2013. Justice Scalia filed a dissenting opinion. Justice Thomas filed a dissenting opinion in which Justice Kennedy joined and which Justice Scalia joined except for part I-B.

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Holding: Proof of materiality is not a prerequisite to certification of a securities-fraud class action seeking money damages for alleged violations of Securities and Exchange Commission Rule #10(b) and Rule 1.   JudgmentAffirmed, 6-3, in an opinion by Justice Ginsburg on February 27, 2013. Justice Scalia filed a dissenting opinion. Justice Thomas filed a dissenting opinion in which Justice Kennedy joined and which Justice Scalia joined except for part I-B.
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