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Picking Up Slack: The Supreme Court Raises a Compelling Question for Go-Public Deals

By Zach Swartz The Supreme Court seldom takes up issues around the federal securities laws. But in June, it handed down an important decision involving Section 11 of the Securities Act. Section 11 imposes strict liability on companies when their Securities and Exchange Commission (SEC) registration statements contain material misstatements or misleading omissions. The […] The post Picking Up Slack: The Supreme Court Raises a Compelling Question for Go-Public Deals appeared first on CorpGo...
Zach Swartz Slack Technologies York Stock Exchange Exchange Commission Supreme Court Vinson Elkins
Source: yahoo.com

Supreme Court: Section 11, Purchasing Registered Securities

Plaintiff purchased his Slack shares on the first day of trading. After Slack’s stock price dropped, plaintiff filed a Section 11 claim alleging that Slack’s registration statement was materially misleading. SCOTUS confirms enforcing Section 11 tracing requirement
United States States Gorsuch United States District Court Slack Technologies Inc Supreme Court Slack Technologies

Gujarat govt purchased electricity worth Rs 8,160 crore from Adani Power in 2021-22: Assembly told

The Gujarat government purchased electricity worth Rs 8,160 crore from Adani Power Ltd between 2021 and 2022 at tariff rates revised upwards from Rs 2.83 to Rs 8.83 per unit, the state Legislative Assembly was informed on Saturday. Considering this, a high-powered committee was formed by the state government.
Kanu Desai Hemant Ahir Aam Aadmi Party Central Electricity Regulatory Commission Adani Power Ltd Legislative Assembly

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Sreejith Ravi, Malayalam Actor, Arrested Under POCSO Act on Charge of Indecent Exposure

He was taken into custody and a detailed probe into the case has been launched. Forty-six-year-old Sreejith is a mechanical engineer by profession and also holds a degree in management. He entered the Malayalam film industry in 2005 and has acted in over 70 films. 🎥 Sreejith Ravi, Malayalam Actor, Arrested Under POCSO Act on Charge of Indecent Exposure.
Sreejith Ravi Kerala Police Arrests Malayalam Actor Under Thrissur West Vijay Babu Rape Case Supreme Court Declines Interfere With Anticipatory Bail

Bins installed in Section 11 to encourage responsible litter disposal

Friday, 05 Feb 2021 New bins have been installed in commercial areas in Petaling Jaya to keep the city clean of litter. THE Bukit Gasing assemblyman’s office is continuing its efforts to keep the constituency clean with the installation of 18 litter bins in Sections 11 and 12, Petaling Jaya. “Twelve of the bins have been installed outside shoplots in Section 11, ” said Bukit Gasing assemblyman Rajiv Rishyakaran. “These are located along Jalan Dato Mahmud 11/4 and Jal...
Bukit Gasing Petaling Jaya Sultan Abdul Samad Kavin Thayalan Jalan Dato Mahmud Jalan Bukit

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