On Jan. 14, the U.S. Supreme Court is set to hear argument in Thompson v. United States, No. 23-1095, regarding the scope of 18 U.S.C. § 1014, which bars “any false statement” made to influence certain federal financial institutions. Thompson presents the question whether “false statements” include statements that are literally true but misleading or incomplete in context.

The court’s decision will resolve a circuit split and could add to the court’s recent line of cases narrowing the reach of statutes used to prosecute white-collar crime.