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Commercial Division Dismisses ’33 Act Claim for Lack of Contemporaneous Falsehood

USA - March 22 2023 Section 11 of the Securities Act of 1933 (“the 1933 Act”) imposes three independent bases of liability for issuers of securities offerings. Issuers…

Jacqueline L. Bonneau

New York Employers Must Provide Digital Copies of Workplace Notices To Their Employees

USA - January 18 2023 On December 16, 2022, New York State Governor Hochul signed into law an amendment to Section 201 of the New York Labor Law ("N.Y. Labor Law")…

Jacqueline L. Bonneau, Lisa E. Cleary

Commercial Division Dismisses Securities Class Action Against Pharmaceutical Company Alleging Failure to Disclose Results from Phase 3 Clinical Trial

USA - December 20 2022 One of the most significant pieces of legislation to emerge from the New Deal, the Securities Act 1933 (“the 1933 Act”), imposes a disclosure…

Muhammad U. Faridi