June 30, 2023 | New York Law Journal
High Court Confirms Strict 'Tracing' Requirement of Section 11 of the Securities ActWhile the court's decision in Slack confirmed an important limitation on Section 11 litigation, it left the door open to a potential expansion of liability in connection with the Securities Act's registration requirements under Section 12(a)(2) in the future.
By James J. Beha II, John B. Lawrence and Ryan T. Ward
12 minute read
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