Bianca Dibella
November 29, 2021 | The Legal Intelligencer
Divided Ninth Circ. Opens Floodgates for Direct Listing Investors to Assert Section 11 ClaimIn deciding that an investor purchasing through a direct listing could establish standing under Section 11, the Ninth Circuit departs from past precedent and abandons the previously strict tracing requirement courts have historically interpreted under Section 11.
By Robert L. Hickok, Jay A. Dubow and Bianca DiBella
7 minute read
Trending Stories
- 1Judicial Ethics Opinion 24-61
- 2Decision of the Day: School District's Probe Was a 'Sham'; Title IX Administrator Showed Sex-Based Bias
- 3US Magistrate Judge Embry Kidd Confirmed to 11th Circuit
- 4Shaq Signs $11 Million Settlement to Resolve Astrals Investor Claims
- 5McCormick Consolidates Two Tesla Chancery Cases
More from ALM
- Legal Speak: GCC East Comes to New York 1 minute read
- Legal Speak: A Convicted Felon is Coming to the White House. What Happens Now? 1 minute read
- Leveraging Partner Training To Recruit and Retain 1 minute read