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Supreme Court Resolves Circuit Split And Holds 'Pure Omissions' Outside Reach Of Section 10(b) Liability - Securities

On April 12, a unanimous Supreme Court held in Macquarie Infrastructure Corp. v. Moab Partners, L.P. that material omissions are actionable under Section 10(b) of the Exchange Act. ....

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Supreme Court Resolves Circuit Split and Holds 'Pure Omissions' Outside Reach of Section 10(b) Liability | Kramer Levin Naftalis & Frankel LLP

On April 12, a unanimous Supreme Court held in Macquarie Infrastructure Corp. v. Moab Partners, L.P. that material omissions are actionable under Section 10(b) of the Exchange Act and. ....

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Supreme Court Grants Certiorari to Resolve Circuit Split on Whether SEC Disclosure Rule Triggers Section 10(b) Liability | Kramer Levin Naftalis & Frankel LLP

On Sept. 29, 2023, the U.S. Supreme Court granted certiorari in Macquarie Infrastructure Corp. v. Moab Partners, L.P. to review a decision by the Second Circuit reviving an investor. ....

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