United States: Supreme Court: Even In A Direct Listing, Section 11 Requires Plaintiffs To Trace Shares To Registration Statement - Jones Day
Thursday, 15 June 2023 A unanimous Supreme Court has confirmed that a claim brought under section 11 of the Securities Act of 1933 ("1933 Act") requires that a plaintiff plead and prove that the shares purchased were issued pursuant to an allegedly false or misleading registration statement.
It's almost one year to the day since the Supreme Court of the United States overturned Roe vs. Wade in a historic decision changing the nature of the abortion conversation in America FOREVER.
Supreme Court Rules, Against Navajo Nation's , Water Rights Case.
On June 22, the United States Supreme Court
ruled against the Navajo Nation in a legal
dispute about water from the Colorado..
Credit: Wibbitz Top Stories Duration: 01:31Published
India has been witnessing rampant growth in drug consumption, particularly among the youth. The Indian government informed the Supreme Court 14 that around 15.8 million children aged between 10 and 17..
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In Slack Technologies, LLC v. Pirani, No. 22-200, 2023 U.S. LEXIS 2301 (U.S. June 1, 2023), the Supreme Court of the United States (Gorsuch, J.) held that... Mondaq
The U.S. Supreme Court held that purchasers of shares sold to the public through a direct listing cannot sue under Section 11 of the Securities Act of 1933... Mondaq