Quantcast
Home / DC News / Supreme Court Decisions / STATUTE OF LIMITATIONS

STATUTE OF LIMITATIONS

The limitations period for a securities fraud action begins to run when the plaintiff actually discovered or when a reasonably diligent plaintiff should have discovered the violation. See "Court rules Vioxx securities suit timely filed" U.S. Supreme Court. Merck & Co. v. Reynolds, No. 08-905.  April 27, 2010. Lawyers USA No. 993-1833.