United States: U.S. Supreme Court Bars Liability For "Pure Omissions" Under Section 10(b) Of Securities Exchange Act - Jones Day

The United States Supreme Court in Macquarie Infrastructure Corp. v. Moab Partners, L.P., No. 22-1165, ruled that a corporation is not liable under Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 ...