Scott Musoff

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Articles

Inside the Courts - An Update From Our Securities Litigators

May 22, 2024 | lexology.com | Anita Bandy |Arthur Bookout |James Carroll |Christopher Clark |Eben P. Colby |Abigail Davis | +27 more

Key PointsOn April 12, 2024, the U.S. Supreme Court unanimously reversed and vacated the Second Circuit’s decision in Macquarie Infrastructure Corp. v. Moab Partners LP.
Supreme Court Holds Item 303 Omissions Are Not Actionable Under Section 10(b) of Exchange Act | JD Supra

Apr 15, 2024 | jdsupra.com | Michael Hines |Jay Kasner |Scott Musoff

On April 12, 2024, the Supreme Court unanimously reversed and vacated the Second Circuit’s decision in Macquarie Infrastructure Corporation v. Moab Partners, L.P. Justice Sonia Sotomayor delivered the opinion for the Court.
SCOTUS Bars Section 11 Claims Based on Direct Listing | JD Supra

Jun 6, 2023 | jdsupra.com | Jay Kasner |Marcie Lape |Scott Musoff

A unanimous Supreme Court today made it more difficult for shareholders to file suits under Section 11 of the Securities Act of 1933 (the Securities Act or the Act). The Court held in Slack Technologies, LLC v. Fiyyaz Pirani that shareholders filing suit under the Act must plead and prove that they bought shares registered under the registration statement they claim is misleading.
SCOTUS Unanimously Endorses Early Challenge to Agency Proceedings, Limiting Enforcement Agency Power

Apr 17, 2023 | lexology.com | Boris Bershteyn |Shay Dvoretzky |Jay Kasner |Bradley A. Klein |Scott Musoff |Susan Saltzstein

The Supreme Court has made it easier to challenge the constitutionality of administrative tribunals housed at federal agencies. On April 14, 2023, the Court unanimously held in Axon Enterprise, Inc. v.