The author of The 10b-5 Daily (Lyle Roberts) has co-written an article on Law360 about the use of risk disclosures as alleged misstatements in securities class actions. The article discusses the current circuit split on the issue, the Supreme Court’s decision to drop the Facebook case, the pending Adidas case, and where this all may be headed.
The article can be found here: https://www.law360.com/articles/2361203/gauging-the-risky-business-of-business-risk-disclosures
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