THE PRECLUSIVE EFFECT OF STATE COURT DETERMINATIONS IN FEDERAL ACTIONS UNDER THE SECURITIES EXCHANGE ACT OF 1934.

Focuses on two United States District Court actions that addressed the question of the preclusive effect of a state court determination. Facts of the cases; Defendants' motions for summary judgment to dismiss claims asserted against them under various provisions of the 1934 Securities Exchange Act of 1934; Defendants' claim that prior state court determinations barred the federal claims.