United States: US Supreme Court Holds That Pure Omissions Are Not Actionable Under Federal Anti-Fraud Rule - Bracewell

United States: US Supreme Court Holds That Pure Omissions Are Not Actionable Under Federal Anti-Fraud Rule - Bracewell

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In a unanimous decision, the US Supreme Court held that pure omissions are not actionable under Rule 10b-5(b) under the Securities Exchange Act of 1934.

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