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Macquarie Warns Justices Of 'Crippling' Disclosure Litigation

By Jessica Corso ( November 13, 2023, 10:09 PM EST) -- 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."...

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