company statements to investors News

Supreme Court Grapples With Investor Class Actions in Goldman Sachs Securities Case

U.S. Supreme Court justices on Monday struggled in a case involving Goldman Sachs Group Inc. over how judges should determine when shareholders can collectively sue publicly traded companies for fraudulent statements that keep their stock prices artificially high. The justices …

Supreme Court Omnicare Ruling Addresses Company Opinion Statements

The U.S. Supreme Court Tuesday issued a decision that will affect the landscape for securities class actions. In the unanimous ruling, which focused on opinions expressed in documents filed with the U.S. Securities and Exchange Commission, the high court said …