On March 24, 2015, the Supreme Court issued its much anticipated decision in Omnicare, Inc. v. Laborers District Council Construction Industry Pension Fund. The majority opinion provides valuable guidance on how issuers may avoid Section 11 liability of the Securities Act by defining the distinction between “opinions” and “facts”. Join BakerHostetler partner, Jessie Gabriel, as she discusses the impact of this case with Lawline’s CEO David Schnurman.
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