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Supreme Court Shuts Down Ninth Circuit Stock-Drop Decision -- Again
Reid and Riege, P.C. 
Mar. 2, 2016
"The Supreme Court's ruling does not foreclose the ability of the participants to bring their claims, but rather leaves it up to the district court to determine whether or not the participants may amend their complaint to meet the standards set forth in Fifth Third. It is unclear whether the district court will allow revision. But after the second Amgen ruling, it is clear that the Court will not stray from its holdings in Fifth Third." [Amgen Inc. v. Harris, No. 15-278 (U.S. Jan. 25, 2016; per curiam)]
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