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On 21 June 2021, in a narrow ruling, the Supreme Court held that courts may consider the generic nature of an alleged misrepresentation as evidence of a lack of price impact where defendants seek to rebut the presumption of reliance established under
Basic Inc. v. Levinson
1 at the class certification stage.
2 A court must consider this evidence even though it may also bear on the materiality of a statement, an issue which is reserved for the merits phase of the action.
The Supreme Court also clarified the burden that defendants must discharge in order to rebut the
Supreme Court Remands Goldman Sachs Securities Case to 2nd Circuit
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Obits | Grand Forks Herald
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By
April 8, 2021
With the increasing importance of food safety, traceability, and social and environmental responsibility, produce shippers must look to integrated solutions to certify their operations. The time, energy, and associated costs of reaching and maintaining food-safety certification are overwhelming for many in the industry. GLOBALG.A.P. North America serves the unique needs of farmers and buyers in Canada and the United States to protect their brand and mitigate their risk. “We engage suppliers and buyers in the U.S. and around the world to define the most practical and relevant production criteria and audit systems, and deploy with the highest levels of integrity to meet market needs,” said Roberta Anderson, executive vice president of GLOBALG.A.P. North America.
SCS Global Services Deploys RizePoint Platform to Seamlessly Administer & Share GLOBALG A P Audits
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