Alphabet Inc. v. Rhode Island

U.S. Supreme Court

Question(s) Presented

Whether the “risk factors” disclosed in a securities filing must disclose only future risks or must also disclose whether a risk has come to fruition in the past.

Tab Group

Petition Stage

Cert. petition denied

March 7, 2022

U.S. Chamber files coalition amicus brief in support of cert petition, arguing that “risk factors” disclosed in a securities filing must disclose only future risks – not, as in this case, past, remedied risks

November 24, 2021

Click here to view the coalition amicus brief. Jeffrey B. Wall, Judson O. Littleton, and M. Jordan Minot of Sullivan & Cromwell LLP and the U.S. Chamber’s Litigation Center served as co-counsel for the U.S. Chamber.

Case Documents

Ninth Circuit Opinion -- In re Alphabet Inc. Securities Litigation (Ninth Circuit).pdf

U.S. Chamber Coalition Amicus Brief -- Alphabet Inc. v. Rhode Island (U.S. Supreme Court).pdf