California Court of Appeal May 18, 2011, No. B222889 (Luther v. Countrywide Financial Corp.)

Opinion

ARMSTRONG, Acting P. J

This case presents a single issue of statutory interpretation. The federal Securities Act of 1933 (the 1933 Act; 15 U.S.C. § 77a et seq.), as amended by the Securities Litigation Uniform Standards Act of 1998 (SLUSA; Pub.L. No. 105-353 (Nov. 3, 1998) 112 Stat.