Articles: 1-10 of 143
Seventh Circuit affirms dismissal of Exchange Act claim against owner of options exchange, finding plaintiffs failed to adequately plead scienter
USA - August 3 2022 On July 27, 2022, a unanimous panel of the United States Court of Appeals for the Seventh Circuit affirmed a decision of the United States District…
Northern District Of California Grants Motion To Dismiss Securities And Exchange Act Claims Against Mobile Gaming Technology Company Holding That Plaintiffs Did Not Adequately Plead Falsity, Scienter, Loss Causation, Or Material Misstatements Or Omissions
USA - July 12 2022 On July 5, 2022, Chief Judge Richard Seeborg of the Northern District of California granted motions to dismiss a putative securities class action…
District Of New Jersey Dismisses Putative Class Action Against Women’s Clothing Retailer For Failure To Allege Material Misstatement And Scienter
USA - July 6 2022 On June 28, 2022, Judge Kevin McNulty of the United States District Court for the District of New Jersey granted a motion to dismiss a putative class…
Second Circuit Affirms Dismissal Of Claims On Defaulted Argentina Bonds As Time-Barred
USA - July 6 2022 On June 22, 2022, the United States Court of Appeals for the Second Circuit affirmed the dismissal of claims seeking recovery on defaulted bonds…
Middle District Of Tennessee Certifies Class In Suit Over Healthcare Company’s $1.3 Billion Acquisition Of Diet Company, Finding Price Impact Was Not Disproven
USA - June 13 2022 On June 7, 2022, Judge Waverly D. Crenshaw, Jr. Of the United States District Court for the Middle District of Tennessee granted a motion for class…
Northern District Of California Dismisses Without Prejudice Putative Class Action Against Synthetic Biology Company For Failure To Allege Scienter
USA - June 7 2022 On May 31, 2022, Judge Beth Labson Freeman of the Northern District of California dismissed without prejudice a putative class action asserting…
Eleventh Circuit Affirms Dismissal Of State-Law Class Action Claims Against Brokerage Firm As Barred By SLUSA
USA - June 7 2022 On May 31, 2022, the United States Court of Appeals for the Eleventh Circuit affirmed the dismissal of a putative class action asserting claims under…
First Circuit Affirms Dismissal Of Putative Securities Class Action Against Bank For Alleged Failure To Disclose Deteriorating Bond Market Conditions
USA - June 2 2022 On May 20, 2022, the United States Court of Appeals for the First Circuit affirmed the district court’s dismissal of claims under Section 10(b) of…
Second Circuit Vacates In Part Decision To Dismiss Putative Securities Class Action Against Tobacco And Cannabis Company For Alleged Failure To Disclose SEC Investigation
USA - June 2 2022 On May 24, 2022, the United States Court of Appeals for the Second Circuit affirmed and vacated in part the district court’s dismissal of claims…
General Court judgment in canon - a victory for commission gun-jumping enforcement
European Union - May 20 2022 On 18 May 2022,[1] the European General Court rejected Canon’s appeal against a €28 million fine imposed by the European Commission in 2019 for its…
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