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Order In Southern District of New York Upholds Key Securities Law Issue |
| In a case where SILC is counsel with Louis Burke from New York City, the Southern District of New York ruled in favor of SILC's client in a securities fraud case. The defendants, Citibank and related entities, had argued recent Supreme Court decisions deprived the court of subject matter jurisdiction. Rejecting this argument, the court further found the plaintiffs had adequately plead their fraud case and could proceed. A full version of the order is available here. |
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