In a number of cases during the past decade, the Supreme Court has construed strictly various provisions of the federal securities laws and has applied restrictively the implied rights of action doctrine. Nonetheless, the Court has recognized an implied private right of action for damages under...

During the past decade, Canada has seen a dramatic rise in securities class action lawsuits. The vast majority of these lawsuits have been filed in Ontario, the location of Canada's principal public securities market, the Toronto Stock Exchange (TSX). The most likely explanation for this...

Professor Alan Bromberg was the foremost authority in the law of Rule 10b-5. In this article, the author Professor Marc Steinberg, Professor Bromberg's colleague for 25 years, highlights Professor Bromberg's scholarship in this area. Focusing on key U.S. Supreme Court decisions and congressional...