Herschel Zarecor v. Morgan Keegan & Company

How courts have described this case

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

• stating that by the time the plaintiffs had lost most of their investment, a reasonably diligent plaintiff would have begun investigating the decline in value
• declining to “pinpoint exactly when a reasonably diligent articles in the Wall Street Journal that permitted discovery of possible wrongdoing as “important events that occurred after the critical date”
• reviewing district court decision where Zarecors pursued Financial Industry Regulatory Authority arbitration before filing in court and district court found the dispute was not subject to arbitration under the rules of the Financial Industry Regulatory Authority
• “American Pipe tolling should be limited to claims filed in a later action that are the same as those pleaded in the putative class action.”
• “[O]ur best evidence of New Jersey law is that a diligent pursuit of a claim in arbitration also tolls the statute of limitations.”

Source: CourtListener parenthetical corpus (CC0).