On April 12, 2024, a unanimous U.S. Supreme Court issued an opinion in Macquarie Infrastructure Corp. v. Moab Partners, L. P., vacating a judgment of the U.S. Court of Appeals for the.
Moab Partners LP v Macquarie Infrastructure Corp Second Circuit vacated lower court dismissal of claims under Section 10 b of Securities Exchange Act based on issuer alleged failure to disclose threat to business posed by regulation to reduce harmful sulfur oxide emissions
In a recent decision, Moab Partners, L.P. v. Macquarie Infrastructure Corporation, the U.S. Court of Appeals for the Second Circuit vacated a lower court’s dismissal of claims under.
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