December 19, 2019
From a Supreme Court ruling broadening the scope of liability in spreading false information, to a circuit court ruling on corporate codes of conduct, the federal courts reshaped securities litigation and regulation in 2019. Here, Law360 highlights some of the biggest decisions and developments affecting securities law this past year.
June 28, 2019
So far this year, the U.S. Supreme Court has broadened the scope of liability for the spread of false information about investments and put off deciding whether private plaintiffs are able to bring lawsuits alleging false statements and related to tender offers. Here, Law360 examines those rulings and other developments from the first half of 2019.
March 27, 2019
The U.S. Supreme Court said Wednesday an investment banker can be held liable for sending clients emails drafted by his boss that contained false statements, issuing a decision that could broaden the scope of claims private plaintiffs may bring.
December 03, 2018
U.S. Supreme Court justices zeroed in on distinctions between conduct and statements during oral arguments Monday in a closely watched appeal that pits an investment banker against the U.S. Securities and Exchange Commission and tests the limits of so-called scheme liability in securities fraud cases.
November 30, 2018
With Justice Brett Kavanaugh recusing himself from the Lorenzo case involving forwarded misstatements before the U.S. Supreme Court, attorneys say they'll be paying close attention to oral arguments on Monday for any unexpected leanings by the other eight justices.
November 30, 2018
The U.S. Supreme Court will examine patent eligibility under the America Invents Act, a securities enforcement action and a historic double jeopardy case when it returns to the bench Monday for the final week of arguments in 2018.
August 29, 2018
The U.S. Chamber of Commerce and a trade association for the securities industry told the U.S. Supreme Court earlier this week that an investment banker who copied and pasted his boss' fraudulent email about an energy investment into a message to clients should not be held liable for his boss' false statements.
June 18, 2018
The U.S. Supreme Court agreed on Monday to review a D.C. Circuit decision finding that an investment banker who copied and pasted his boss' allegedly fraudulent email about an energy investment into a message to clients is himself liable for fraud.