Gibson Dunn Offers 2022 Mid-Year Securities Litigation Update
Reynolds Holding
OCTOBER 5, 2022
The Fifth Circuit, en banc, reversed, holding that Respondent could bring her removal claim in federal court without waiting for a final determination by the SEC. The Fifth Circuit’s en banc decision created a split from the Second, Fourth, Eleventh, and D.C. On July 1, 2022, the SEC petitioned the Fifth Circuit for rehearing en banc.
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