On June 12, 2018, the United States Securities and Exchange Commission (“SEC“) issued an Order instituting administrative proceedings, making findings, and imposing remedial sanctions against Merrill Lynch, Pierce, Fenner &...more
On March 24, 2015, the Supreme Court issued its much anticipated decision in Omnicare, Inc. v. Laborers District Council Construction Industry Pension Fund, No. 13-435, 2015 WL 1291916 (Mar. 24, 2015). With some significant...more
3/27/2015
/ Good Faith ,
Material Misstatements ,
Omnicare ,
Omnicare v Laborers District Council ,
Public Offerings ,
Reasonableness Factors ,
SCOTUS ,
Section 11 ,
Securities Act of 1933 ,
Securities Fraud ,
Statement of Opinion
On February 13, 2015, the plaintiffs in New Jersey Carpenters Health Fund, et al., v. Residential Capital, LLC, et al., No. 08-cv-8781 (S.D.N.Y.) filed an unopposed motion for certification of the class and to approve a...more