'The court finds that the defendants have shown good cause justifying a protective order staying discovery during the pendency of their motion to dismiss,' a state court judge Connecticut found.
May 16, 2019 at 12:46 PM
1 minute read
Editor and columnist at The Litigation Daily
In the world of securities litigation, there’s been a nagging question since the U.S. Supreme Court in Cyan v. Beaver County Employees Retirement Fund last year it made clear that plaintiffs can bring lawsuits under the Securities Act of 1933 in state court, and not just in federal court.
That is, can defendants get discovery stayed pending resolution of a motion to dismiss?
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