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Bernstein Litowitz Berger & Grossmann Secures Significant Post-Trial Victory for Former Stockholders of Columbia Pipeline
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This week's petition to rehear Pirani v. Slack en banc signals corporate interest groups' alarm over the Ninth Circuit's ruling, which upheld investors' standing to pursue claims in connection to direct listing initial public offerings, carrying significant impacts for investor rights and the scope of the Securities Act, say John Browne and Lauren Ormsbee at Bernstein Litowitz.