United States: United States Supreme Court Confirms That Section 11 Of The Securities Act Requires A Plaintiff To Plead And Prove Purchase Of Shares Traceable To The Allegedly False Or Misleading Registration Statement At Issue - Shearman & Sterling LLP

United States: United States Supreme Court Confirms That Section 11 Of The Securities Act Requires A Plaintiff To Plead And Prove Purchase Of Shares Traceable To The Allegedly False Or Misleading Registration Statement At Issue - Shearman & Sterling LLP

Mondaq

Published

On June 1, 2023, the United States Supreme Court held in a unanimous decision that, under Section 11 of the Securities Act of 1933 (the "Securities Act"), plaintiffs must plead...

Full Article