Macquarie Infrastructure Corporation, et al., Petitioners v. Moab Partners, L.P., et al.

  1. November 13, 2023

    Macquarie Warns Justices Of 'Crippling' Disclosure Litigation

    Macquarie Group affiliates told the U.S. Supreme Court on Monday that shareholders should not be allowed to sue companies that remain silent on subjective measurements of financial performance, arguing that lawsuits based on disclosure omissions could "open the floodgates to potentially crippling private securities fraud liability."

  2. September 29, 2023

    Justices To Review Circuit Split Over Corp. Disclosure Duty

    The U.S. Supreme Court on Friday agreed to address a circuit split over the types of disclosures companies are required to make under a U.S. Securities and Exchange Commission rule if they hope to avoid private litigation, taking up a challenge to a Second Circuit ruling allowing an investor lawsuit against Macquarie Group affiliates to proceed. 

  3. August 29, 2023

    Justices Urged To Address Split Over SEC Disclosure Rules

    A Macquarie Group subsidiary told the U.S. Supreme Court that an investment adviser mischaracterized the nuance of a circuit split over whether companies can be sued for omitting statements about industry trends.

  4. July 05, 2023

    Biz Groups Say Some Management Omissions Aren't Fraud

    Two U.S. trade groups have sided with a Macquarie Group subsidiary in a lawsuit before the U.S. Supreme Court over the types of disclosures public companies are required to make to investors, saying that the requirement is intentionally vague and that certain omissions aren't actionable as fraud under the Securities Exchange Act.

  5. June 06, 2023

    Macquarie Brings Enviro Reg Investor Suit To High Court

    A Macquarie Group subsidiary and its affiliates have asked the U.S. Supreme Court to weigh in on a circuit split over the types of disclosures companies are required to make under a U.S. Securities and Exchange Commission rule, arguing the Second Circuit has dramatically expanded private liability.