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

Evidence in Action: ...

Objections are among the most powerful — and most misunderstood — tools in a trial lawye...

Preventing Death by ...

Lawyers lose hundreds of billable and operational hours every year to poorly managed meetings. Unfoc...

The Perfectionism Pa...

Perfectionism is often rewarded in the legal profession. It drives attention to detail, thorough pre...

New York City’s Pi...

New York City’s new Non-Primary Residence Property Surcharge—commonly known as the pied-...

Artificial Intellige...

"Artificial Intelligence and the Practice of Law" (updated through 2026), is a 50-slide primer desig...

Digital Organization...

Decentralized Autonomous Organizations (DAOs) and other digital-native structures have moved from ni...

Federal Contractor R...

During this course, you will learn about best practices and strategies for retaining intellectual pr...

The Twelfth Juror: W...

The Twelfth Juror: Lessons on Jury Selection from a Trial Lawyer’s Novel and a Trial Consultan...

The Aftermath of Sca...

The Aftermath of Scams and Cybercrime: A Practical Guide to Response and Recovery examines the immed...

Mastering the Inner ...

Every trial lawyer has experienced it: the inner critic before opening statements, the surge of ange...