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U.S. Supreme Court

Case Status

Docket Number

Term

2023 Term

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Questions Presented

Whether the Second Circuit erred in holding—in conflict with the Third, Ninth, and Eleventh Circuits— that a failure to make a disclosure required under Item 303 can support a private claim under Section 10(b), even in the absence of an otherwise-misleading statement.

Case Updates

Supreme Court holds that pure omissions are not actionable under Rule 10b-5

April 12, 2024

Opinion

U.S. Chamber files coalition amicus brief urging Supreme Court to hold that Item 303 of SEC Regulation S-K does not create a “duty” to disclose that is actionable under Rule 10b-5, particularly in the absence of an otherwise-misleading statement

November 20, 2023

Click here to view the coalition amicus brief.

William M. Jay and Andrew Kim of Goodwin Procter LLP and the U.S. Chamber’s Litigation Center served as co-counsel for the U.S. Chamber.

Cert. petition granted

September 29, 2023

U.S. Chamber files amicus brief urging Supreme Court to resolve circuit split over whether Item 303 of SEC Regulation S-K creates a “duty” to disclose that is actionable under Rule 10b-5

July 03, 2023

Click here to view the coalition amicus brief.

William M. Jay and Andrew Kim of Goodwin Procter LLP and the U.S. Chamber’s Litigation Center served as co-counsel for the U.S. Chamber.

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