Companies Mentioned

Credit Suisse Securities (USA) LLC

Category
Title
Summary
Date
Commentaries
Securities Law

In W.R. Huff Asset Management Co. LLC v. Deloitte & Touche LLP, 549 F.3d 100 (2nd Cir. 2008), the Second Circuit Court of Appeals held that an investment advisor who held the power of attorney to sue on behalf of his clients still lacked the standing to sue because it…
Posted:
03/3/2009
Summaries
Securities Law >
New Judicial Opinions

The issue in this appeal was whether an investment advisor that has (a) discretionary authority to make investment decisions for its clients, and (b) a power of attorney from its clients to bring this lawsuit, has constitutional standing to sue for violations of federal securities laws on behalf of its…
Date of ruling:
12/3/2008
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