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Supreme Court Upholds Securities Act's Tracing Requirement - Vimarsana News

Supreme Court Upholds Securities Act's Tracing Requirement

Supreme Court Pirani v. Slack Techs Security Act Section 11 and throughout the Securities Act, plaintiffs asserting such securities fraud claims must show that they own stock that was issued pursuant to an allegedly misleading registration statement Slack Technologies

United States Supreme Court Holds That Section 11 Plaintiffs Must Purchase Securities Issued Under the Registration Statement They Seek to Challenge | Sheppard Mullin Richter & Hampton LLP - Vimarsana News

United States Supreme Court Holds That Section 11 Plaintiffs Must Purchase Securities Issued Under the Registration Statement They Seek to Challenge | Sheppard Mullin Richter & Hampton LLP

In Slack Technologies, LLC v. Pirani, No. 22-200, 2023 U.S. LEXIS 2301 (U.S. June 1, 2023), the Supreme Court of the United States (Gorsuch, J.) held that Section 11 of the Securities...