Credit Suisse Sec. (USA) LLC v. Billing
United States Supreme Court
551 U.S. 264 (2007)
Relevant factsFree
Investors (plaintiffs) sued several investment banks (defendants) under federal antitrust law, alleging the banks colluded to impose exceptionally restrictive conditions on IPO securities buyers; the district court ruled for the banks, the Second Circuit reversed, and the banks sought certiorari.
IssueFree
Whether it is appropriate to apply federal antitrust laws to conduct surrounding initial public offerings.
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