April 28, 2025 - Companies that raise capital through public offerings of stock, such as in an IPO, have historically faced a heightened risk of being sued in securities class actions when their stock ...
March 6, 2023 - Section 12 of the Securities Act of 1933 imposes liability on a person who "offers or sells" unregistered securities or registered securities "by means of a prospectus or oral ...
As we discuss, traceability under Section 11 must be pleaded in accordance with the plausibility standard, which may be challenging unless the plaintiff purchased directly in the offering at issue.