United States: Fourth Circuit Affirms Dismissal Of Putative Class Action Under Section 14(a) For Failure To Adequately Allege Material Omissions And Loss Causation - Shearman & Sterling LLP

Mondaq

14 Jun 2023 0 shares 1 views

Mondaq

Published 14 Jun 2023

The Fourth Circuit held that plaintiff failed to allege any material omission from the proxy statement and also failed to establish loss causation.

United States: On Remand, Texas District Court Concludes Fifth Circuit Dealt ‘Latrogenic Blow' To Securities Plaintiff, Dismisses Case - Cooley LLP

As discussed in a previous blog post, the US Court of Appeals for the Fifth Circuit issued a January 2023 decision that reversed..

Mondaq 16 Jun 2023

The Court previously dismissed this action, finding that plaintiff failed to identify any actionable misrepresentations. Id. at *1.

Mondaq 14 Jun 2023