The Supreme Court has just given companies looking to go public another reason to do it through direct listings.
The federal securities laws impose strict liability for misleading statements made in connection with...more
Pending before the Second Circuit is a unique (and apparently sua sponte) application of the jurisdictional test announced by the Supreme Court in Morrison v. Nat’l Australia Bank Ltd., to dismiss non-securities state law...more
6/7/2021
/ Breach of Contract ,
Cryptocurrency ,
Extraterritoriality Rules ,
Initial Coin Offering (ICOs) ,
Investment Contract ,
Morrison v National Australia Bank ,
Popular ,
Pump and Dump ,
Securities Act of 1933 ,
Securities Exchange Act ,
United Arab Emirates (UAE)
Over the past several years, companies conducting public offerings have increasingly been subject to parallel shareholder class actions under Section 11 of the Securities Act of 1933 brought in both federal and state courts. ...more