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Second Circuit Sends IBM Stock-Drop Case Back to District Court
Mercer July 23, 2020 "On remand, the 2nd Circuit accepted supplemental briefings from the parties and supplemental amicus briefs from the government. In a terse opinion, the court concluded it would not consider the additional arguments since they were either previously raised or had been improperly presented. The 2nd Circuit reinstated its initial 2018 decision and remanded the case to the district court, giving the parties another chance to advance their positions." [Jander v. Ret. Plans Comm. of IBM, No. 17-3518 (2d Cir. Jun. 22, 2020)] |
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