Tuesday, September 4, 2018

SLUSA Does Not Bar Investors’ Claims That Broker Overcharged Them to Execute Securities Transactions

Taksir v. The Vanguard Group, ___ F.3d ___ (3d Cir. 2018).  As relevant to this appeal, the Securities Litigation Uniform Standards Act of 1998, 15 U.S.C. §78bb (“SLUSA”), states that “[n]o covered class action based upon the statutory or common law of any State or subdivision thereof may be maintained in any State or Federal […]

The post SLUSA Does Not Bar Investors’ Claims That Broker Overcharged Them to Execute Securities Transactions appeared first on Appellate Law NJ Blog.



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