9th Circ. Robinhood Ruling May Alter Intraquarter Disclosures

Ryan Keats, Christin Hill and Julia Koch published an article in Law360 that discussed the revival of Sodha v. Golubowski by the Ninth Circuit and what the decision signals to issuers preparing registration statements.

The authors wrote, "Sodha is the latest decision to address interim disclosure obligations under the Securities Act. By aligning with the Second Circuit and rejecting the First Circuit's extreme-departure standard, the Ninth Circuit signaled a renewed emphasis on transparency when known trends that can be considered material arise between SEC quarterly reporting."

Read the full article.