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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.


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Brian Cardile

Rulings Editor, Podcast Host, California Supreme Court reporter
brian_cardile@dailyjournal.com

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