Tiffany Monroy

Apr 18, 2024 | jdsupra.com | Marisa Antonelli |Jeffrey Johnston |Tiffany Monroy

On April 12, 2024, the U.S. Supreme Court unanimously held that, in the absence of an otherwise misleading statement, a failure to disclose information required by Item 303 of Regulation S-K (“Item 303”1) does not support a private action under Section 10(b) of the Securities and Exchange Act of 1934 (“Section 10(b)”). The case, Macquarie Infrastructure Corp., et al. v.