Civil procedure — doctrine of regulatory immunity

Posted April 25, 2018 12:52 PM

Where the defendants privately disclose information about the price adjustment of a stock option to selected market participants before that information is made publicly available, they are not engaged in a quasi-governmental function and the doctrine of regulatory immunity did not apply.The 1st District Appellate Court reversed and remanded a decision by Cook County Circuit Judge Michael T. Mullen.Platinum Partners Value Arbitrage Fund, Limited Partnership and Platinum Partners Liquid Opportunity Fund, Limited Partnership …

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