In granting certiorari in Facebook Inc. v. Amalgamated Bank and Nvidia Corp. v. E. Ohman J:or Fonder AB, the U.S. Supreme Court signaled its intention to provide further guidance concerning application of the heightened...more
10/15/2024
/ Certiorari ,
Deceptive Intent ,
Disclosure ,
Facebook ,
Form 10-K ,
Investors ,
Objective Falsity ,
Personal Data ,
PSLRA ,
Scienter ,
SCOTUS ,
Securities Fraud
On September 29, 2023, the U.S. Supreme Court agreed to weigh in on the validity of a familiar allegation in private securities litigation—that a failure to disclose under Item 303 of Regulation S-K (“Item 303”) supports a...more