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May 21, 2015
VIDEO: Higher bar for securities plaintiffs
A recent U.S. Supreme Court case just made it harder for plaintiffs to sue securities issuers for misleading opinions they make in registration statements filed with the SEC. By C. Dana Hobart
This article originally ran April 6
The U.S. Supreme Court's recent decision in Omnicare Inc. v. Laborers Dist. Council Const. Indus. Pension Fund just made it harder for plaintiffs to sue securities issuers for misleading opinions they make in registration statements filed with the Securities and Exchange Commission.
The Securities Act of 1933 requires an issuer to file a registration statement with the SEC ...
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