On April 12, 2024, a unanimous U.S. Supreme Court issued an opinion in Macquarie Infrastructure Corp. v. Moab Partners, L.P., vacating a Second Circuit judgment that had reinstated claims under ...
On January 16, 2024, the U.S. Supreme Court held oral argument on a question that could have significant consequences for securities litigants: whether a failure to disclose information under Item 303 ...
NEW YORK, March 02, 2026 (GLOBE NEWSWIRE) -- Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 prohibit making untrue statements of material fact or omitting material facts ...
Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 prohibit making untrue statements of material facts or omitting material facts necessary to make statements not misleading. The ...
In a significant decision regarding the scope of the federal securities laws' anti-fraud provisions, the U.S. Supreme Court in Macquarie Infrastructure v. Moab Partners held that "pure omissions" are ...
May 20, 2024 - In a unanimous decision issued in April 2024, the Supreme Court in Macquarie Infrastructure Corporation v. Moab Partners, L.P. clarified the scope of issuers' potential liability to ...
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