U.S. Supreme Court Bars Liability For “Pure Omissions” Under Section 10(b) Of Securities Exchange Act – Securities
To print this article, all you need is to be registered or login on Mondaq.com. 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 for failing…