United States: Supreme Court Resolves Circuit Split And Holds 'Pure Omissions' Outside Reach Of Section 10(b) Liability - Kramer Levin Naftalis & Frankel LLP
On April 12, a unanimous Supreme Court held in Macquarie Infrastructure Corp. v. Moab Partners, L.P. that material omissions are actionable under Section 10(b) of the Exchange Act...
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