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.

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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