In a noteworthy decision refining application of the Securities Litigation Uniform Standards Act (SLUSA), the Ninth Circuit recently held that SLUSA did not bar a state law class action for alleged breach of fiduciary duties brought by investors against a financial advisory firm. In Anderson v. Edward D. Jones & Col, L.P, decided in
Peter Villar
Peter Villar was recognized in 2021 as a Best Lawyer in America in the areas of Business and Securities litigation. He is a seasoned trial attorney who has successfully tried and defended dozens of high-stakes commercial disputes across the country including several of the largest cases in the Central District of California involving billions of dollars in alleged damages. Peter represents companies across a wide spectrum of industries including private equity, technology, aerospace, apparel, manufacturing, energy, finance, life sciences, and real estate, and has litigated claims of securities fraud, breach of fiduciary duty, unfair competition, racketeering, conspiracy, theft of trade secrets, trademark infringement, copyright infringement, and all forms of contractual disputes. Peter has extensive experience defending companies, broker-dealers, accounting firms, and financial institutions in lawsuits arising out of the purchase or sale of securities as well as investigations and enforcement actions by the SEC, PCAOB, FINRA, and other regulatory agencies.