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

MODERATED-Legal Ethi...

Protect clients and yourself by knowing some of the more common ethical issues that can affect your ...

Litigation Series: S...

This presentation explores courtroom staging—how movement, spatial awareness, posture, and pre...

Litigation Series: S...

Evidence Demystified Part 2 covers key concepts in the law of evidence, focusing on witnesses, credi...

Accounting Principle...

Attorneys will receive a comparative analysis of GAAP and IFRS with emphasis on cross-border legal c...

Scam Typologies and ...

Scam typologies help legal professionals by providing a framework to understand, identify, and preve...

Noteworthy False Cla...

The False Claims Act continues to be the federal Government’s number one fraud fighting tool. ...

Developments in Prof...

Part 1 of 2 - Lawyers at all levels of experience and even sophisticated law firms and general couns...

Internet and Sports ...

The statistics are compelling and clearly indicate that 1 out of 3 attorneys will likely have a need...

Litigation Series: W...

This program focuses on overcoming the inner critic—the perfectionist, self?doubting voice tha...

Civil RICO (federal ...

The Civil RICO framework allows individuals and businesses to pursue legal action for damages from a...