Securities Litigation

Recent Activity

Results are sorted by the date of most recent activity.

Construction Laborers Pension Trust Southern CA v. Marriott International, Inc.

October 28, 2021

U.S. Chamber files amicus brief urging Fourth Circuit to affirm district court’s ruling that when a company cautions investors in risk factors about the risk of potential cyberattacks, it does not...

Wong v. Restoration Robotics, Inc.

October 20, 2021

U.S. Chamber files amicus brief urging state appellate court to affirm decision that “Federal Forum Provisions” – which appear in corporate charters or bylaws and require that any claims against...

BofI Holding, Inc. v. Houston Municipal Employees Pension System

October 4, 2021

Supreme Court denies certiorari to consider whether uncorroborated allegations can reveal the truth to the market for purposes of establishing loss causation in a securities class action. The U.S...

Pirani v. Slack Technologies, Inc.

September 20, 2021

Ninth Circuit holds that plaintiffs have standing to challenge the direct listing of a security under Sections 11 & 12(a)(2) of the Securities Act of 1933 if they merely purchased a security...

Arkansas Teacher Retirement System v. Goldman Sachs Group, Inc.

August 26, 2021

On remand from the U.S. Supreme Court, Second Circuit vacates class certification and remands for district court to consider the generic nature of alleged misrepresentations in evaluating price...

Pivotal Software, Inc. v. Superior Court of County of San Francisco

August 23, 2021

U.S. Chamber files merits-stage amicus brief urging Supreme Court to hold that the Private Securities Litigation Reform Act’s discovery stay applies in state courts. The U.S. Chamber also filed...

Pivotal Software, Inc. v. Superior Court of County of San Francisco

July 2, 2021

Supreme Court grants cert to determine whether the Private Securities Litigation Reform Act’s discovery stay applies in state courts. The U.S. Chamber filed an amicus brief supporting the cert....

Snap Inc. v. Erickson

July 2, 2021

Petition dismissed.

Puerto Rico Government Employees and Judiciary Retirement Systems Administration v. Volkswagen AG

June 25, 2021

Ninth Circuit limits the Affiliated Ute presumption of reliance in securities fraud suits to cases that primarily allege omissions. The U.S. Chamber filed a coalition amicus brief...

Pearlstein v. Blackberry Ltd.

June 23, 2021

Second Circuit denies Rule 23(f) petition seeking interlocutory review of class certification decision that found price impact without considering whether disclosures actually corrected earlier...