Macquarie Infrastructure Corp. v. Moab Partners, L.P.
Docket No. | Op. Below | Argument | Opinion | Vote | Author | Term |
---|---|---|---|---|---|---|
22-1165 | 2nd Cir. | Jan 16, 2024 | Apr 12, 2024 | 9-0 | Sotomayor | OT 2023 |
Holding: Pure omissions are not actionable under SEC Rule 10b"5(b), which makes it unlawful to omit material facts in connection with buying or selling securities when that omission renders "statements made" misleading.
Judgment: Vacated and remanded, 9-0, in an opinion by Justice Sotomayor on April 12, 2024.
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