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Supreme Court Resolves Circuit Split and Holds 'Pure Omissions' Outside Reach of Section 10(b) Liability | Kramer Levin Naftalis & Frankel LLP

On April 12, a unanimous Supreme Court held in Macquarie Infrastructure Corp. v. Moab Partners, L.P. that material omissions are actionable under Section 10(b) of the Exchange Act and...
United States Justice Sotomayor Macquarie Infrastructure Corp Supreme Court Decision Macquarie Infrastructure Mosaic Inc

Under New York Law, Trade Secret Damages Must Reflect Plaintiff's Actual Loss, Not Just Defendant's Wrongful Gain | Faegre Drinker Biddle & Reath LLP

A recent trade secret case from New York highlights the importance of how damages are calculated and emphasizes the need to conform those damages calculations to the applicable...
New York United States Syntel Sterling Best Shores Mauritius Ltd Trizetto Group Inc Faegre Drinker Biddle Reath Faegre Drinker Biddle

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