Emulex Corp. v. Varjabedian
Docket No. | Argument | Opinion | Vote | Author | Term |
---|---|---|---|---|---|
18-459 | Apr 15, 2019 | Apr 23, 2019 | N/A | Per Curiam | OT 2018 |
Issue: Whether the U.S. Court of Appeals for the 9th Circuit correctly held, in express disagreement with five other courts of appeals, that Section 14(e) of the Securities Exchange Act of 1934 supports an inferred private right of action based on the negligent misstatement or omission made in connection with a tender offer.
Judgment: The writ of certiorari is dismissed as improvidently granted in a per curiam opinion on April 23, 2019.
SCOTUSblog Coverage
- Practice Pointer: Digging into DIGs (Kevin Russell, April 25, 2019)
- Justices pass on opportunity to define liability for inadequate disclosures about tender offers (Ronald Mann, April 23, 2019)
- Argument analysis: Justices debate time travel in assessing liability for inadequate disclosures about tender offers (Ronald Mann, April 16, 2019)
- Argument preview: Justices to consider ability of securities investors to sue for faulty disclosures about tender offers (Ronald Mann, April 8, 2019)
- More on todays orders (Amy Howe, January 4, 2019)
- Petitions of the week (Aurora Barnes, November 15, 2018)