United States: U.S. Supreme Court Unanimously Holds Pure Omissions In Item 303 Disclosures Not Actionable Under Private Securities Laws - Bass, Berry & Sims

United States: U.S. Supreme Court Unanimously Holds Pure Omissions In Item 303 Disclosures Not Actionable Under Private Securities Laws - Bass, Berry & Sims

Mondaq

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The U.S. Supreme Court has unanimously ruled that pure silence in MD&A statements are not actionable in shareholder securities fraud cases.

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