Adam Magid

Jun 3, 2024 | jdsupra.com | Victor Celis |Adam Magid

On April 12, 2024, a unanimous U.S. Supreme Court issued an opinion in Macquarie Infrastructure Corp. v. Moab Partners, L.P., vacating a Second Circuit judgment that had reinstated claims under Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 based on an issuer’s alleged failure to disclose business risks posed by an environmental regulation.

May 20, 2024 | mondaq.com | Adam Magid |Victor Celis

CW Cadwalader, Wickersham & Taft LLP More Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations.

Apr 28, 2024 | mondaq.com | Jason M. Halper |Ellen Holloman |Adam Magid |Jonathan Watkins

On April 12, 2024, a unanimous U.S. Supreme Court issued an opinion in Macquarie Infrastructure Corp. v. Moab Partners, L. P.,1 vacating a judgment of the U.S. Court of Appeals for the Second Circuit that had reinstated claims under Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder based on an issuer's alleged failure to disclose business risks posed by an environmental regulation.

Apr 22, 2024 | lexology.com | Jonathan Watkins |Victor Celis |Jason M. Halper |Ellen Holloman |Adam Magid |Diane Lee

On April 12, 2024, a unanimous U.S. Supreme Court issued an opinion in Macquarie Infrastructure Corp. v. Moab Partners, L. P.,1 vacating a judgment of the U.S. Court of Appeals for the Second Circuit that had reinstated claims under Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder based on an issuer’s alleged failure to disclose business risks posed by an environmental regulation.

Sep 27, 2023 | mondaq.com | Jason M. Halper |Adam Magid

In 2015, in Omnicare, Inc v Laborers District Council Construction Industry Pension Fund, the US Supreme Court articulated ostensibly heightened standards for pleading an actionable mis-statement or omission under the federal securities laws when the statement at issue is an "opinion" – a belief, view or sentiment – as opposed to a statement of "fact".