In an unexpected turn of events, the U.S. Supreme Court recently dismissed without explanation two securities fraud class action cases out of the U.S. Court of Appeals for the 9th Circuit—Facebook, Inc. v. Amalgamated Bank...more
12/31/2024
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Class Action ,
Corporate Counsel ,
Dismissals ,
Facebook ,
Form 10-K ,
Investors ,
NVIDIA ,
Pleading Standards ,
PSLRA ,
SCOTUS ,
Securities Fraud
On April 8, 2021, John Coates, the Acting Director of the Securities and Exchange Commission’s (SEC) Division of Corporation Finance, released a public statement expressing concern about claims of some practitioners and...more