United States: Supreme Court Rejects "Pure Omissions" Liability Under Rule 10b-5 - Katten Muchin Rosenman LLP
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On April 12, a unanimous Supreme Court held that issuers are not liable under Rule 10b-5(b) for "pure omissions."
Full ArticlePublished
On April 12, a unanimous Supreme Court held that issuers are not liable under Rule 10b-5(b) for "pure omissions."
Full ArticleSince the Supreme Court's decision in United States v. Watts, 19 US 148 (1997), judges have been permitted to consider acquitted..