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The Supreme Court Maintains Limitations on 1933 Act Claims for Direct Listings

Our Securities Litigation Group reviews the Supreme Court’s Slack opinion that upheld decades of case law requiring a narrow reading of Section 11 of the 1933 Act. The case addressed the scope of liability for claims brought...more

Supreme Court Securities Law Roundup - The Axon Decision and Oral Argument in Slack v. Pirani

Our Securities Litigation Group analyzes the impact of the Axon and Cochran decisions on the use of administrative law judges (ALJs) and gleans clues about the future of direct listings from the Slack oral argument....more

Supreme Court to Decide Whether the 1933 Act’s Strict Liability Provisions Apply to Direct Listings

Alston & Bird’s Securities Litigation Group analyzes the issues facing the U.S. Supreme Court in an appeal that will determine whether companies face potential liability under the 1933 Act for shares made available to the...more

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