SECURITIES AND EXCHANGE COMMISSION, Appellant, v. Alexander KASSER Et Al.

How courts have described this case

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

• indicating it was not necessary in that case to determine where the jurisdictional line should be drawn
• discussing whether nonresident foreign national plaintiffs may invoke the jurisdiction of the federal securities laws
• “From a policy perspective, and it should be recognized that this case in a large measure calls for a policy decision, we believe that there are sound rationales for asserting jurisdiction.”
• “In sum, the prior pronouncements of this Court and those of the Second Circuit, a court with especial expertise in matters pertaining to securi ties, lend great support for a holding of jurisdiction here.”
• “Not only do we believe that the sum total of the defendants’ intra-national actions was substantial, but we also question whether it can be convincingly maintained that such acts within the United States did not directly cause any extraterritorial losses.”
• agreeing with Bersch and IIT on this point

Source: CourtListener parenthetical corpus (CC0).