Editor's Note :

Editor's Note :

We expect orders from the March 24 conference on Monday at 9:30 a.m. There is a possibility of opinions on Tuesday, March 28 and Wednesday, March 29.
On Monday the court hears oral argument in Advocate Health Care Network v. Stapleton. Ronald Mann has our preview.
On Monday the court also hears oral argument in TC Heartland LLC v. Kraft Foods Group Brands LLC. Ronald Mann has our preview.

Amgen Inc. v. Connecticut Retirement Plans and Trust Funds

Docket No. Op. Below Argument Opinion Vote Author Term
11-1085 9th Cir. Nov 5, 2012
Tr.Aud.
Feb 27, 2013 6-3 Ginsburg OT 2012
 
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Holding: Proof of materiality is not a prerequisite to certification of a securities-fraud class action seeking money damages for alleged violations of Securities and Exchange Commission Rule #10(b) and Rule 1.

Plain English Summary:

Judgment: Affirmed, 6-3, in an opinion by Justice Ginsburg on February 27, 2013. Justice Scalia filed a dissenting opinion. Justice Thomas filed a dissenting opinion in which Justice Kennedy joined and which Justice Scalia joined except for part I-B.

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Holding: Proof of materiality is not a prerequisite to certification of a securities-fraud class action seeking money damages for alleged violations of Securities and Exchange Commission Rule #10(b) and Rule 1.   JudgmentAffirmed, 6-3, in an opinion by Justice Ginsburg on February 27, 2013. Justice Scalia filed a dissenting opinion. Justice Thomas filed a dissenting opinion in which Justice Kennedy joined and which Justice Scalia joined except for part I-B.
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