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US Supreme Court throws out ruling against Slack over direct listing

US Supreme Court throws out ruling against Slack over direct listing
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Justices limit suits challenging misleading securities registration statements

As expected, Thursday’s decision in Slack Technologies v. Pirani rejected a lower-court ruling that had substantially broadened liability for publicly traded companies under Section 11 of the Securities Act of 1933. That provision imposes liability for false or misleading material in a statement reg ....

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Suit wavers over Slack Technologies direct share listing

Courthousenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from courthousenews.com Daily Mail and Mail on Sunday newspapers. ....

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Justices cut Salesforce some slack to avoid class-action suit

The Supreme Court handed a partial victory to Salesforce in a case surrounding its communications product Slack Technologies by limiting the ability of shareholders to sue over misleading statements. ....

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