Editor's Note :

Editor's Note :

This week the blog will publish a multi-part online symposium on United States v. Texas, a challenge by Texas and twenty-five states to the Obama administration's deferred-action policy for immigration. Contributions to this special feature, as well as an “explainer” by this blog's Lyle Denniston, are available here.

Morrison v. National Australia Bank

Docket No. Op. Below Argument Opinion Vote Author Term
08-1191 2d Cir. Mar 29, 2010
Tr.
Jun 24, 2010 8-0 Scalia OT 2009

Holding: The Court held that U.S. law against securities fraud does not apply to investment deals that occur outside the country, even if they have a domestic impact or effect.

Judgment: Affirmed, 8-0, in an opinion by Justice Antonin Scalia on June 24, 2010. Justice Stevens filed an opinion concurring in the judgment, joined by Justice Ginsburg. Justice Sotomayor took no part in the proceedings.

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