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Half-Truths, Not Pure Omissions : Supreme Court Limits Section 10(b) Claims Based on Item 303 Nondisclosure to Omissions That Render Affirmative Statements Misleading | Cadwalader, Wickersham & Taft LLP

On April 12, 2024, a unanimous U.S. Supreme Court issued an opinion in Macquarie Infrastructure Corp. v. Moab Partners, L.P., vacating a Second Circuit judgment that had reinstated.

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Inside the Courts - An Update From Our Securities Litigators

Inside the Courts - An Update From Our Securities Litigators
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United States - Court Procedure - Half-Truths, Not Pure Omissions : Supreme Court Limits Section 10(b) Claims Based On Item 303 Nondisclosure To Omissions That Render Affirmative Statements Misleading

On April 12, 2024, a unanimous U.S. Supreme Court issued an opinion in Macquarie Infrastructure Corp. v. Moab Partners, L.P., vacating a Second Circuit judgment that had reinstated.

Justice sotomayorUnited nationsMacquarie infrastructure corporationSupreme court decisionMacquarie infrastructure corpSupreme courtUs supreme courtMacquarie infrastructureSecond circuitExchange actSecurities act

Macquarie Infrastructure v Moab: Pure Omissions Not Securities Fraud Under Rule 10b-5(b) | Patterson Belknap Webb & Tyler LLP

On April 12, 2024, the Supreme Court in Macquarie Infrastructure Corp. v. Moab Partners, L.P., unanimously held that pure omissions cannot form the basis of a securities fraud claim.

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United States - Trials & Appeals & Compensation - Supreme Court Holds Pure Omissions Are Not Actionable Under Rule 10b-5(b)

United States - Trials & Appeals & Compensation - Supreme Court Holds Pure Omissions Are Not Actionable Under Rule 10b-5(b)
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