Earlier today, the United States Court of Appeals for the Second Circuit issued the following decision in the
City of Pontiac Policemen’s & Firemen’s Ret. Sys. et al. v. UBS AG et al...
On March 22, 2012, the Senate voted 96-3 to adopt the House version of the Stop Trading on Congressional Knowledge Act (the “STOCK Act”), which most notably extends insider trading la...
On June 13, 2011, the U.S. Supreme Court issued an important decision clarifying the scope of liability for “making” false statements under Section 10(b) of the Securities Exchange Ac...
On June 6, 2011, the Supreme Court issued a unanimous decision in Erica P. John Fund, Inc. v. Halliburton Co. (No. 09-1403), holding that it is not necessary for plaintiffs in federal sec...
Earlier today, the Supreme Court issued an opinion in Matrixx Initiatives, Inc. v. Siracusano. The case involved Matrixx’s lack of disclosure of reports that its Zicam nasal spray produ...
On January 7, 2011, the Supreme Court agreed to hear Erica P. John Fund, Inc. v. Halliburton Co. (No. 09-1403). This case presents the Court with an opportunity to resolve a split in the ...
On June 24, 2010, the Supreme Court issued an important decision narrowing the reach of the key antifraud provisions of the Securities Exchange Act of 1934 (“Exchange Act”) with respe...
On June 14, 2010, the Supreme Court granted certiorari in a private securities fraud class action,Matrixx Initiatives, Inc. v. Siracusano. 560 U.S. ___ (Jun. 14, 2010) (No. 09-1156) (“...
