United States: Supreme Court Unanimously Narrows Scope Of Liability Under Section 11(a) Of Securities Act Of 1933 - Kramer Levin Naftalis & Frankel LLP

United States: Supreme Court Unanimously Narrows Scope Of Liability Under Section 11(a) Of Securities Act Of 1933 - Kramer Levin Naftalis & Frankel LLP

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In Slack Technologies, LLC v. Pirani,1 the Supreme Court­­ on June 1, 2023, unanimously held that even in a case involving direct listing of both registered and unregistered securities...

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