Freeman Investments, L.P. v. Pacific Life Insurance Company

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• finding even 27 if plaintiffs cannot satisfy the 10b-5(b) standing requirement, 28 SLUSA may bar state law class actions
• defining “strike 12 suits” as “frivolous securities class actions that put defendants to the unappealing choice of 13 settling claims, however meritless, or risking extravagant discovery and trial costs”
• “[PJlaintiffs cannot avoid preclusion through artful pleading that removes the covered words .,. but leaves in the covered concepts.”
• “As our sister circuits have recognized, the statute operates wherever deceptive statements or conduct form the gravamen or essence of the claim.”
• “As our sister circuits have recognized, [SLUSA] operates wherever deceptive statements or conduct form the gravamen or essence of the claim.”
• “Plaintiffs sufficiently allege that: (1) they formed contracts with RBC that indicated the instructions and authorizations necessary for RBC to buy or sell options in Plaintiffs’ accounts; (2

Source: CourtListener parenthetical corpus (CC0).