Toshiba Corp. v. Automotive Industries Pension Trust Fund

Whether the Securities Exchange Act applies, without exception, whenever a claim is based on a domestic transaction, as the U.S. Court of Appeals for the 9th Circuit held below, or whether in certain circumstances the Exchange Act does not apply, despite the claim being based on a domestic transaction, because other aspects of the claim make it impermissibly extraterritorial, as the U.S. Court of Appeals for the 2nd Circuit has held. CVSG: 05/20/2019.