Bloomberg Law | Hedge Fund, SEC Allied at Top Court over Trend Disclosure Suits

The U.S. Supreme Court’s decision in Macquarie v. Moab Partners gives clear and focused guidance rather than wading into other issues the parties raised. Our Securities Litigation Group explains how the Court resolved a circuit split over public companies’ liability for disclosures required by Item 303 of Regulation S-K.

This article discusses Macquarie Infrastructure Corp. v. Moab Partners, L.P., a Supreme Court case that could significantly alter private securities litigation liability.

Susan Hurd is quoted on Item 303 of Regulation S-K ahead of the U.S. Supreme Court’s Macquarie Infrastructure Corp. v. Moab Partners oral argument.

Susan Hurd is quoted on SEC v. Jarkesy.