Forum
U.S. Supreme Court
Case Status
Pending
Docket Number
Term
Cert. Pending
Lower Court Opinion
Questions Presented
1. Are risk disclosures false or misleading when they do not disclose that a risk has materialized in the past, even if that past event presents no known risk of ongoing or future business harm"? 2. Does Federal Rule 8 or Rule 9(b) supply the proper pleading standard for loss causation in a private securities-fraud action?
Case Updates
U.S. Chamber files coalition amicus brief urging Supreme Court to grant review and decide the scope of disclosure required under public companies' duty to disclose “material factors that make an investment in the [company] speculative or risky”
April 05, 2024
U.S. Chamber Coalition Amicus Brief
Judson O. Littleton and Daniel J. Richardson of Sullivan & Cromwell LLP served as outside counsel.