On October 3rd, the Supreme Court denied Blackstone Group's petition for certiorari. Blackstone appealed the Second Circuit's opinion reinstating a putative class action securities fraud lawsuit stemming from Blackstone's initial public offering. The Second Circuit found that plaintiffs plausibly alleged that Blackstone omitted from its registration statement and prospectus material information related to its investments that Blackstone was required to disclose under Item 303 of Regulation S-K. Cert. Denied.