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December 19, 2024 | The Recorder

Sidley Austin Adds Cooley Capital Markets Partner in Century City, San Francisco

Natalie Karam joins the firm after six years at Cooley in the Bay Area.
3 minute read
December 19, 2024 | Legaltech News

The Future of AI and Antitrust Under Trump

AI antitrust issues are poised to take center stage as the president-elect returns to the White House.
5 minute read
December 11, 2024 | National Law Journal

High Court Drops Case Over Nvidia's Effort to Ditch Fraud Suit

The justices said the review was "improvidently granted" in a short order issued Wednesday. Some lawyers say the high court may be a missed chance for the justices to articulate clear pleading standards under the Private Securities Litigation Reform Act.
4 minute read
December 11, 2024 | The Recorder

Supreme Court allows investors' class action to proceed against microchip company Nvidia

California-based Nvidia paid $5.5 million in 2022 to settle SEC charges that it failed to disclose that cryptomining was a significant source of revenue growth from the sale of GPUs for gaming.
3 minute read
November 27, 2024 | Law.com

A Meta DIG and Its Nvidia Implications

The Supreme Court granted certiorari in Nvidia to provide guidance on whether and how plaintiffs can use expert reports in securities fraud complaints, notwithstanding any factual issues presented by the case. If the court DIGs Nvidia based on those factual issues, it will further muddy this important legal issue and lead plaintiffs lawyers to push courts to follow the U.S. Court of Appeals for the Ninth Circuit’s erroneous decision.
12 minute read
Law Journal Press | Digital Book District of Columbia Legal Malpractice Law 2024 Authors: Shari L. Klevens, Alanna G. Clair View this Book

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November 22, 2024 | National Law Journal

Supreme 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.
4 minute read
November 14, 2024 | Supreme Court Brief

Supreme Court Bar Loses A 'Giant In The Law'

Ted Olson, who argued Bush v. Gore, Citizens United and other landmark Supreme Court cases, is remembered as a legal giant after his death Wednesday.
6 minute read
November 13, 2024 | National Law Journal

Justices Ask If They Should Have Even Taken Nvidia’s Appeal of Investor Suit

“This is pure error correction that you’re asking us to do,” Justice Sonia Sotomayor told NVIDIA’s lawyer, Neal Katyal.
5 minute read
November 12, 2024 | New York Law Journal

Out of Thin Scienter: Protecting Confidential Information in Light of ‘NVIDIA v. Ohman’

For nearly 30 years, the Private Securities Litigation Reform Act (PSLRA) has required private plaintiffs in securities litigation to plead both falsity and scienter with particularity.  The Supreme Court will likely clarify the contours of this heightened pleading standard when it decides 'NVIDIA Corp. v. E. Ohman J:or Fonder AB' this term.
7 minute read
November 06, 2024 | National Law Journal

Supreme Court Hearing on Facebook's Alleged Nondisclosure Yields 'Freakish' Hypotheticals

Justice Samuel Alito Jr. hypothesized a manufacturing plant which warned that a future fire could pose a threat to its business. Would the business have to then disclose that such a fire had already occurred?
5 minute read

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