Luke Cadigan

Luke Cadigan

Cooley LLP

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Dissemination of One’s Own Misstatements Does Not Create Scheme Liability, Says New York Court

On July 16, 2025, the US District Court for the Eastern District of New York dismissed a scheme liability claim in an enforcement action brought by the US Securities and Exchange Commission (SEC) against a company’s former...more

8/11/2025  /  Corporate Officers , Enforcement Actions , Misleading Statements , Motion to Dismiss , Private Securities Litigation Reform Act of 1995 , Rule 10b-5 , Securities and Exchange Commission (SEC) , Securities Exchange Act of 1934 , Securities Fraud , Securities Regulation
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