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Business Organizations Keyed to Smith
Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Dabit
Citation:547 U.S. 71 (2006)
Dabit brought a claim agianst Merrill Lynch, which alleged the reporting of false research information involving its financials. Dabit originally filed his claim in Oklahaoma state court, but removed the claim to federal court. Other claims were similarly brought by other plaintiffs, which were similarly removed to federal court.
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Procedural Posture & History:Shares the case history with how lower courts have ruled on the matter.
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Facts:What are the factual circumstances that gave rise to the civil or criminal case? What is the relationship of the Parties that are involved in the case.
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Holding:Shares the Court's answer to the legal questions raised in the issue.
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