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Supreme Court Rejects Securities Lawsuit Based On “Pure Omission” From SEC Filings

In a narrow but potentially significant decision, the Supreme Court has held that securities-fraud plaintiffs cannot recover based on a “pure omission” from a company’s public statements under the most common legal basis for...more

SEC Complaint Against Ripple (XRP) And Possible Regulatory Signals Ahead For 2021

The U.S. Securities & Exchange Commission (“SEC”) filed a complaint against Ripple Labs, Inc. (“Ripple”) and two of its executives, Brad Garlinghouse and Chris Larsen, on December 22, 2020 in the U.S. District Court for the...more

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