On April 5, 2024, the United States Court of Appeals for the Ninth Circuit affirmed in part and reversed in part the dismissal of a putative class action asserting claims under the Securities Exchange Act of 1934.
Federal courts closed out 2021 with a flurry of securities decisions in the month of December. In this update, we discuss two decisions involving claims under Section 10(b) of the.
we discuss two decisions involving claims under Section 10b of the Securities Exchange Act of 1934 and Rule 10b-5 based on alleged channel stuffing a company’s practice of shipping excessive product to its distributors, and an allegedly over-hyped COVID-19 vaccine candidate.
Plaintiffs are inventing new theories to attack businesses for alleged ESG-related deficiencies. Companies need to carefully manage their ESG initiatives, performance, and.