Tag Archives: Section 11
Supreme Court Says Company May Be Sued For Omitting Facts Which Contradict “Opinions”
On March 24, the U.S. Supreme Court issued a major decision related to securities fraud. The justices addressed the legal standards necessary for shareholders to sue companies for allegedly misleading statements contained in official securities filings. The Court’s decision opens the door for a more permissive standard that could benefit shareholders in the long… Read More »
