William Jay Charles Brown Daniel Roeser Justin D Ward

November 08, 2023 | New York Law Journal

What Comes Next for Sections 11 and 12(a)(2) After 'Slack'?

In a follow-up to their article published in June, the authors discuss two questions raised but not fully answered in Slack: probabilistic pleading under Section 11 of the 1933 Act and the proper construction of Section 12 of the 1933 Act.

By William Jay, Charles Brown, Daniel Roeser, Justin D. Ward and William Evans

7 minute read

June 26, 2023 | New York Law Journal

High Court: Section 11 Securities Plaintiffs Must Trace Shares to Challenged Registration Statement

The court's opinion endorses a large body of lower court authority that had come to the same conclusion, and it also makes clear that this tracing requirement applies with full force to Section 11 suits arising from "direct" listings.

By William Jay, Charles Brown, Daniel Roeser, Justin D. Ward and William Evans

8 minute read

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