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City of Pontiac General Employees' Retirement System v. MBIA, Inc.

2nd CircuitFebruary 28, 2011No. Docket 09-4609-cvCited 174 times
RemandedMBIA, Inc.

Case Details

Judge(s)
Dennis Jacobs
Status
Published
Procedural Posture
appeal
Circuit
2nd Circuit

Related Laws

No specific laws identified for this ruling.

Outcome

The appellate court vacated the district court's dismissal on statute of limitations grounds and remanded for reconsideration in light of the Supreme Court's decision in Merck & Co. v. Reynolds, which changed the standard for when the limitations period begins to run in securities fraud cases.

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