Partner Stanley D. Bernstein Discusses Morrison V. National Bank At The Council Of Institutional Investors Conference

Bernstein Liebhard LLP Partner Stanley D. Bernstein was a panelist on a teleconference hosted by the Council of Institutional Investors (“CII”) in January 2013 entitled, “Navigating the Morrison v. National Australia Bank (“NAB”) Landscape.  The discussion provided insight into securities litigation in the wake of Morrison v. NAB, a United States Supreme Court decision which established that shares in public companies (even companies operating in the United States) that are purchased overseas, are not protected by the federal anti-fraud securities laws.

CII is a nonprofit, nonpartisan association of pension funds and other employee benefit funds, foundations and endowments with combined assets that exceed $3 trillion, and a leading voice for good corporate governance and strong shareowner rights.