Securities Class Action Litigation Review: Ninth Circuit Opens Floodgates for Direct Listing Investors to Assert Section 11 Claim

23 Feb , 2022

To register for the upcoming live webinar, please Click Here

This program discusses the Ninth Circuit’s latest decision in Pirani v. Slack Technologies, 13 F.4th 940 (9th Cir. 2021) that an investor purchasing through a direct listing could establish standing under Section 11, departing from past precedent and abandoning the previously strict tracing requirement courts have historically interpreted under Section 11. 

In this program, we will discuss Section 11 securities liability exposure for companies going public by direct listing versus by IPO and the implications of this decision on securities class action litigation.

 

To register for the upcoming live webinar, please Click Here

More Webcasts

Springing Into “Ma...

In 2016, the term “materiality” as it relates to the False Claims Act made a splash in t...

Ethics, Confidential...

Artificial intelligence is already reshaping legal practice, from research and drafting to litigatio...

Top Ten Tips for Dra...

In the rapidly evolving landscape of employment law, arbitration agreements have become a cornerston...

Federal Acquisition ...

Learn about the latest trends in Federal Suspension and Debarments. This presentation will assist yo...

AI Governance in the...

AI, an innovative technology that was once a supporting act for digital transformation, business str...

Who is Your Lawyer o...

Recent court opinions, a lawsuit against OpenAI Foundation and OpenAI Group PBC aka ChatGPT for the ...

High-Level Negotiati...

In this second segment we will continue with our journey into the multiple elements of high-level ne...

Legal and Tax Consid...

In “Choosing the Right Business Entity,” I will walk through the issues that matter most...

Appreciating 340B Dr...

Established in 1992, the 340B Drug Pricing Program has many nuances and applications to different si...

Building the Data Pr...

Effective data privacy and artificial intelligence governance programs do not happen by accident. Th...