Ryan Rowinski, on Behalf of Himself and All Others Similarly Situated v. Salomon Smith Barney Inc., Ryan Rowinski

How courts have described this case

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

• stating that SLUSA attempts “to prevent certain State private securities class action lawsuits alleging fraud from being used to frustrate the objectives” of the PSLRA
• finding that a request for “any and all fees and charges collected” was one of several factors that supported SLUSA preemption
• finding misrepresentation requirement of SLUSA satisfied where complaint contained allegations regarding defendant’s materially misleading statements, and allegations were “incorporated by reference in every count in the complaint”
• directing inquiry into whether a \reasonable reading of the complaint evidences allegations of a misrepresentation or omission of a material fact in connection with the purchase or sale of a covered security\ (internal quotation marks omitted)
• endorsing a \broad and flexible\ interpretation of SLUSA's covered class action definition
• “No matter how an action is pleaded, if it is a covered class action involving a covered security, removal is proper.” (quotations and alterations omitted)

Source: CourtListener parenthetical corpus (CC0).