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Under Basic News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Inside the Courts – An Update From Skadden Securities Litigators - September 2023 | Skadden, Arps, Slate, Meagher & Flom LLP

Two Sides of the Same Coin: Analyzing the Recent Ripple and Terraform Decisions - Key Points - - In July 2023, Judges Torres and Rakoff in the Southern Distr.

US Supreme Court: Courts to Consider Generic Nature of Alleged Misstatements in Price Impact Analysis | Morgan Lewis

US Supreme Court: Courts to Consider Generic Nature of Alleged Misstatements in Price Impact Analysis | Morgan Lewis
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February 2021: Supreme Court Considers Expansion of Defendants Ability to Challenge Class Certification in Securities Class Actions | Quinn Emanuel Urquhart & Sullivan, LLP

To embed, copy and paste the code into your website or blog: On December 11, 2020, the Supreme Court granted the petition of Goldman Sachs Group, Inc. (“Goldman”) for certiorari in Arkansas Teacher Retirement System v. Goldman Sachs Group, Inc., 955 F.3d 254 (2d Cir. 2020), a securities class action asserting that Goldman made certain misstatements in violation of Section 10(b) of the 1934 Securities Exchange Act and Rule 10b-5(b), which caused the value of Goldman’s publicly-traded shares to decline.  The Supreme Court will consider two important issues:  First, whether a court may consider the nature of the alleged misstatements themselves in determining whether, at the class certification stage, a defendant has rebutted the presumption of classwide reliance; and

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