In Re Exxon Mobil Corp. Securities Litigation

How courts have described this case

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

• holding “that the repose period applicable to § 10(b) claims as set out in … 1658(b)(2) begins to run on the date of the alleged misrepresentation.”
• finding that the statute of repose began to run from the date of 13 the alleged misrepresentation in March 1999 rather than from the date of the exchange of 14 securities and hence suffering of any damages in November 1999
• applying the statute to claims brought under 15 U.S.C. § 78j(b)
• exchange of securities occurs not on the date they formally change hands, but on the date the parties become committed to exchange the securities

Source: CourtListener parenthetical corpus (CC0).