The Recrudescence of Ferebee – Part Two

In 2010, almost 30 years after Ferebee was decided, the Solicitor General cited the case in an amicus brief before the Supreme Court case, in Matrixx Iniatives, Inc. v. Siracusano. The case was a securities fraud class action, which was dismissed initially by the trial court on consideration of the defendant’s motion that the complaint […]