Hagan v. Khoja
Petition for certiorari denied on May 20, 2019
Issue: Whether the Supreme Court should resolve the circuit split regarding a corporate issuer’s duty to update under Securities and Exchange Commission Rule 10b-5(b) and find that the U.S. Court of Appeals for the 9th Circuit erred by imposing such a duty to a statement of historical fact that was accurate when made, where the “value” or “weight” of that prior statement was later “diminished” by subsequent events.
