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    Court oks securities class action, worker retaliation claims (access required)

    Incidental reports of problems can satisfy the materiality requirement in a securities fraud claim, the U.S. Supreme Court ruled today. The unanimous ruling in Matrixx Initiatives v. Siracusano found that such reports need not be statistically significant to make a showing of material misrepresentation or omission in a security class action case. The case was brought ...

    This entry was posted on Tuesday, March 22nd, 2011 at 12:58 pm and is filed under Supreme Court. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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    3 Responses to “Court oks securities class action, worker retaliation claims (access required)”

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