U.S. Legal Developments To Watch In 2014: The Take From Linklaters

Heading the list is the Supreme Court’s reconsideration of the fraud on the market theory. But the UK-based behemoth also puts the SEC’s consideration of some controversial disclosure requirements high on the list. Also of note: Increased cooperation between U.S. and global antitrust authorities. Looking more narrowly at the U.S. domestic front, the firm sees another important Supreme Court case looming: Mississippi v. AU Optronics, which will consider whether certain consumer lawsuits brought by state attorneys general need to be litigated in federal court, and depending on its outcome could curtail some large-scale consumer actions. An interesting list, which as it says,“does not aim to be exhaustive, but instead to provide a high level overview.”