Supreme Court Grants Cert in Amgen Securities Suit

On Monday, June 11, 2012, the United States Supreme Court granted the petition of Amgen for a writ of certiorari in a securities lawsuit pending against the company. As a result, next term the Court will be addressing the question of whether securities plaintiffs must establish in their class certification petition that the alleged misrepresentation on which they rely was material….

via Supreme Court Grants Cert in Amgen Securities Suit — The D & O Diary.