On April 12, 2024, the Supreme Court issued a unanimous decision in Macquarie Infrastructure Corporation v. Moab Partners, L.P., holding that a failure.
United States - Trials & Appeals & Compensation - Supreme Court Holds Pure Omissions Are Not Actionable Under Rule 10b-5(b) mondaq.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondaq.com Daily Mail and Mail on Sunday newspapers.
Supreme Court Issues Decision on Pure Omissions natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.
On April 12, 2024, the unanimous United States Supreme Court confirmed that the mere fact of an issuer's silence does not give rise to a private claim under Rule 10b-5(b).
On April 12, 2024, a unanimous U.S. Supreme Court issued an opinion in Macquarie Infrastructure Corp. v. Moab Partners, L. P.,1 vacating a judgment of the U.S. Court of Appeals for the Second Circuit.