On September 20, a divided Ninth Circuit panel broke with nearly 50 years of precedent in holding that investors could challenge the accuracy of Slack’s registration statement even if t...
A Second Circuit panel affirmed a decision dismissing securities fraud claims against Danske Bank and its officers and directors. The panel unanimously held that plaintiffs had not pled ...
On July 23, 2021, a Ninth Circuit panel vacated a district court order appointing a lead plaintiff in a consolidated securities fraud action. The panel found that the district court impro...
On June 16, 2021, a Ninth Circuit panel revived in part a putative securities fraud class action against Alphabet for not disclosing a data privacy bug in the Google+ social network. The ...
On April 8, 2021, the Ninth Circuit issued a decision affirming the dismissal of a putative securities fraud class action against an investment bank accused of fraudulently attempting to ...
On January 26, 2021, the Ninth Circuit issued a decision affirming the dismissal of civil securities law claims filed against Tesla and Elon Musk regarding statements that they made in 20...
On June 10, 2020, the Ninth Circuit issued a decision affirming the dismissal of a securities case filed against a life sciences company for supposedly misrepresenting the likelihood that...
A $240 million settlement last month in a federal securities class action against Signet Jewelers Ltd. highlights risks that public companies face in connection with statements in their c...
In a suit against Volkswagen filed last week, the SEC alleges that the company committed fraud in connection with offerings of its corporate and collateralized debt. This latest U.S. enfo...
In a pair of settled enforcement actions involving initial coin offerings that the SEC deemed to be illegal unregistered securities offerings, the agency imposed an agreed-upon remedy tha...
