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February 28, 2013

SCOTUS Roundup

On Wednesday, the Supreme Court heard arguments in a case over the enforceability of arbitration agreements.  “The questioning didn’t go well for the plaintiffs,” writes Dan Fisher in Forbes, and a ruling in favor of the defendants could open the door to more arbitration clauses in contracts.  In other Court news, the justices ruled unanimously that the Securities and Exchange Commission cannot rewrite the statute of limitations for seeking civil penalties in fraud cases (Wall Street Journal) and also ruled that plaintiffs do not have to prove materiality before class certification (National Law Journal).

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