SUPREME COURT ISSUES FAVORABLE DECISION FOR FIRM’S CLIENTS IN CYAN V. BEAVER COUNTRY EMPLOYEES' RETIREMENT FUND

On March 20, 2018, the Supreme Court issued a favorable decision for the firm's clients in Cyan Inc., v. Beaver County Employees' Retirement Fund. Thomas Goldstein argued for the respondents. In a unanimous decision written by Justice Kagan, the court affirmed the lower court's ruling that the Securities Litigation Uniform Standards Act of 1998 did not strip state courts of jurisdiction to adjudicate class actions alleging only 1933 Securities Act violations; nor did it authorize removing such suits from state to federal court. The opinion can be found here.

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Goldstein & Russell, P.C. specializes in representing clients at all stages before the U.S. Supreme Court.  Collectively, the firm’s lawyers have argued 75 cases on the merits and have filed in… Read More
While focused on representing clients in the Supreme Court, the firm also serves as counsel to clients in the federal courts of appeals.  Like its Supreme Court practice, the firm’s experience in t… Read More