Gabriel Tong

Gabriel Tong

June 26, 2023 | New York Law Journal

Controlling Person Liability: Circuit Split Increasingly Relevant

"Controlling person liability" claims have become increasingly common in securities litigation. Due to a circuit split in how these claims can be established, plaintiffs have taken advantage of the relatively low threshold required in some jurisdictions to establish a prima facie case of controlling person liability.

By Pravin Rao and Gabriel Tong

7 minute read