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Section 18 "Eyeball Reliance" Claim Brought to the SPAC Fight

As my Mintz colleague, Peter Saparoff, suggested a few years back, Section 18 of the Securities Exchange Act of 1934, "while seldom used in the past, has been increasingly used by institutional investors in suits against...more

Issuers Face Changing Litigation Landscape, Challenges Due to Supreme Court Ruling

In a boon for public company shareholder plaintiffs this week, the U.S. Supreme Court upheld state courts’ concurrent jurisdiction over securities class actions alleging violations of certain federal securities laws. The...more

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