Article

Does ‘Lorenzo’ Expand the Scope Of Private Securities Litigation?

New York Law Journal

03 Jun 2019
Reprinted with permission.

Morrison & Foerster’s Jim Beha, Michael Birnbaum, Joel Haims, and Steve Rappoport recently authored the article “Does ‘Lorenzo’ Expand the Scope Of Private Securities Litigation?” for the New York Law Journal. The article examines the Supreme Court’s recent decision in Lorenzo v. Securities & Exchange Commission, which affirmed a finding of liability under §10(b) and Rule 10b-5 against a defendant who knowingly “disseminated” another party’s false statement, appears to reverse this trend and may provide private plaintiffs a basis to argue for more expansive Rule 10b-5 liability.

Close

Feedback

Disclaimer

Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.