Issue: (1) Whether the Second Circuit erred by holding that respondents had Article III, § 2 standing to prosecute this action in federal court under § 16(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78p(b), in the absence of any allegation that petitioner’s statutory violation injured any respondent; and (2) whether the Second Circuit erred by holding that § 16(b) creates a “fiduciary duty,” (found nowhere in the statute) which is owed by every 10% stockholder of a public company and whose breach is always an “injury-in-fact” to the company.
“People ask, ‘Why did you pick constitutional law?’ I mean, come on. Who, with a real opportunity to dig into a subject of law would not want that to be constitutional law? It has everything. It has history. It has moral philosophy. The meaning of liberty, of equality, of dignity. It has legal technicalities galore. It has precedent. It involves strategy, dealing with complicated human situations […]
Awarded the Peabody Award for excellence in electronic media.
Sigma Delta Chi
Awarded the Sigma Delta Chi deadline reporting award for online coverage of the Affordable Care Act decision.
National Press Club Award
Awarded the National Press Club's Breaking News Award for coverage of the Affordable Care Act decision.
Silver Gavel Award
Awarded the Silver Gavel Award by the American Bar Association for fostering the American public’s understanding of the law and the legal system.
American Gavel Award
Awarded the American Gavel Award for Distinguished Reporting About the Judiciary to recognize the highest standards of reporting about courts and the justice system.
Awarded the Webby Award for excellence on the internet.