On August 10, 2023, the United States Court of Appeals for the Second Circuit reversed the district court's class certification order in a putative class action asserting claims under Section 10(b).
Key Points - The 9th Circuit, disagreeing again with the 2nd, 3rd, 5th, 6th, and 11th Circuits, reaffirmed that claims under Section 14(e) of the Exchange Act do not.
On March 21, 2022, the United States Securities and Exchange Commission (the SEC) issued a 490-page proposed
rule about enhancing and standardizing climate-related disclosures.