Credit: AlexandraPopova/Shutterstock.comSupreme Court Drops Facebook's Appeal in Securities Case as 'Improvidently Granted'
The unexplained dismissal followed a hearing during which the justices struggled to determine when a company must disclose that a future risk to its business has occurred in the past.
November 22, 2024 at 01:11 PM
4 minute read
The U.S. Supreme Court took the unusual step Friday of dismissing an appeal from Facebook in a securities case after having already heard oral arguments, explaining only that the case had been "improvidently granted."
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