Under the helm of SEC Chairman Gary Gensler, the Securities and Exchange Commission has argued that many cryptocurrencies qualify as “securities” under federal law, and therefore fall within the SEC’s bailiwick....more
On June 21, 2021, the Supreme Court issued an opinion by Justice Barrett on the reliance element of a securities fraud claim. In a unanimous portion of her opinion (the “Decision”), Justice Barrett held that courts may...more
2/25/2022
/ Basic v Levinson ,
Burden of Proof ,
Class Certification ,
Federal Rules of Civil Procedure ,
FRCP Rule 23(b)(2) ,
Material Misrepresentation ,
Misrepresentation ,
Presumption of Reliance ,
Private Right of Action ,
SCOTUS ,
Securities Litigation