Westlaw Topical Highlights: Securities, November 7, 2013

November 7, 2013

To match analysis CHINA-IPO/Topical Highlights for Securities provides summaries of significant federal and state judicial decisions and legislative and administrative activities affecting Securities law. A Westlaw subscription is required to access the documents linked from this page.

Class Actions: Predominance requirement for certification was met, since class as a whole could rely on fraud on the market presumption of reliance.    Smilovits v. First Solar, Inc. 2013 WL 5551096 (D.Ariz.)  An employee’s allegations were sufficient to state a claim for retaliation in violation of the Dodd–Frank Wall Street Reform and Consumer Protection Act, even though employee did not complain to the Securities and Exchange Commission (SEC) until after he was terminated. The employee alleged that he complained to the employer’s compliance officer about violations of securities law and that he was then terminated. 2013 WL 5551096.  (The full-text of the rest of the Topical Highlights are available within Westlaw Next, subscription required).