Last March, in Omnicare v. Laborers District Council Construction Industry, the U.S. Supreme Court left some wiggle room for securities plaintiffs looking to hold companies liable for misstatements that are offered in the form of opinion.
But after some convincing by John Neuwirth of Weil, Gotshal & Manges, investors still face a high bar in federal court in New York–home of one of the busiest securities dockets in the country.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
