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SCOTUS Curbs 'Pure Omissions' Lawsuits

In a unanimous victory to the securities industry, the U.S. Supreme Court curbed investor lawsuits based on a company's mere failure to disclose known trends likely to affect their revenues.

4 minute read May 01, 2024 at 12:03 AM
By
Jimmy Hoover
SCOTUS Curbs 'Pure Omissions' Lawsuits

In a unanimous victory to the securities industry, the U.S. Supreme Court curbed investor lawsuits based on a company's mere failure to disclose known trends likely to affect their revenues.

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