We use cookies to deliver our online services. Details of the cookies we use and instructions on how to disable them are set out in our Cookies Policy. By using this website you agree to our use of cookies. To close this message click close.

Supreme Court Clarifies Liability Standard Under Securities Act Section 11 for Statements of Opinion in Registration Statements

01 April 2015

SEC Update

On March 24, the U.S. Supreme Court issued its much-anticipated decision in Omnicare, Inc., et al. v. Laborers District Council Construction Industry Pension Fund, et al. The Court announced important principles for interpreting the application of the two bases for liability under Section 11 of the Securities Act of 1933 to statements of opinion expressed in a registration statement.

Read more: Supreme Court Clarifies Liability Standard Under Securities Act Section 11 for Statements of Opinion in Registration Statements

The team

Loading data