United States: Securities Litigation Alert: "Half-Truths," Not "Pure Omissions": Supreme Court Limits Section 10(b) Claims Based On Item 303 Nondisclosure To Omissions That Render Affirmative Statements Misleading - Cadwalader, Wickersham & Taft LLP
On April 12, 2024, a unanimous U.S. Supreme Court issued an opinion in Macquarie Infrastructure Corp. v. Moab Partners, L. P.,1 vacating a judgment of the U.S. Court of Appeals for the Second Circuit.
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