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United States Supreme Court resolves Circuit split regarding Section 11 claims predicated upon allegedly misleading statements of opinion
  • Sheppard Mullin Richter & Hampton LLP
  • USA
  • April 3 2015

In Omnicare, Inc. v. Laborers District Council Construction Industry Pension Fund, No. 13-435, 2015 WL 1291916 (U.S. Mar. 24, 2015), the United


Second Circuit notes split with Ninth Circuit over whether failure to make adequate disclosures under item 303 of Regulation S-K may serve as basis for a Section 10(b) claim
  • Sheppard Mullin Richter & Hampton LLP
  • USA
  • January 26 2015

In Stratte-McClure v. Morgan Stanley, No. 13-0627-cv, 2015 WL 136213 (2d Cir. Jan. 12, 2015), the United States Court of Appeals for the Second


United States Supreme Court holds that class action securities fraud plaintiffs need not prove the materiality of the alleged false statements or omissions to support certification of a class, resolving circuit split
  • Sheppard Mullin Richter & Hampton LLP
  • USA
  • March 7 2013

In Amgen Inc. v. Connecticut Retirement Plans & Trust Funds, No. 11-1085, ___ WL ______ (U.S. Feb. 27, 2013), the United States Supreme Court


Ninth Circuit latest to permit corporate liability under alien tort statute; Supreme Court to resolve circuit split in 2012
  • Sheppard Mullin Richter & Hampton LLP
  • USA
  • November 23 2011

In Sarei v. Rio Tinto, PLC, Nos. 02-56256, 02-56390, 09-56381, 2011 WL 5041927 (9th Cir. Oct. 25, 2011), the United States Court of Appeals for the Ninth Circuit became the latest Circuit to hold that corporations may be held liable under the Alien Tort Statute (“ATS”), 28 U.S.C. 1350.



John P. Stigi III
  • Sheppard Mullin Richter & Hampton LLP