This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.

Apr. 26, 2019

SCOTUS DIG Deepens Uncertainty over Shareholder Suits

Can shareholders sue over tender offer misrepresentations and omissions? And is negligence the standard to meet? SCOTUS this week left both questions unresolved, and an unbalanced circuit split intact. Securities experts Matthew Close and Brittany Rogers (O'Melveny & Myers) discuss the implications. And Ron Holland (McDermott Will & Emery) explains the high court's latest 9th Circuit reversal and FAA vindication.



Brian Cardile

Rulings Editor, Podcast Host, California Supreme Court reporter

For reprint rights or to order a copy of your photo:

Email for prices.
Direct dial: 949-702-5390

Send a letter to the editor: