on May 26, 2009 at 10:07 am
The Court has granted certiorari in one case today: Merck & Co., et al., v. Reynolds, et al. (08-905). Filings are below. The order list can be found here.
Title: Merck & Co., Inc., et al., Petitioners v. Richard Reynolds, et al.
Issue: Whether under the â€œinquiry noticeâ€ standard applicable to federal securities fraud claims, the statute of limitations does not begin to run until an investor receives evidence of scienter.