Petition of the day

The petition of the day is:

Public Employees’ Retirement System of Mississippi v. IndyMac MBS, Inc.
13-640

Issue: Whether the filing of a putative class action serves, under American Pipe & Construction Co. v. Utah, to satisfy the three year time limitation in § 13 of the Securities Act with respect to the claims of putative class members.

Posted in: Cases in the Pipeline

CLICK HERE FOR FULL VERSION OF THIS STORY