SCOTUS backs share traceability requirement in Slack investor suit | Secondary Sources | Westlaw

SCOTUS backs share traceability requirement in Slack investor suit | Secondary Sources | Westlaw

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SCOTUS backs share traceability requirement in Slack investor suit

2023 SECDBRF 0118By Nicole BanasWESTLAW Securities Enforcement & Litigation Daily Briefing (Approx. 3 pages)

SCOTUS backs share traceability requirement in Slack investor suit

2023 SECDBRF 0118By Nicole BanasWESTLAW Securities Enforcement & Litigation Daily Briefing (Approx. 3 pages)

SCOTUS backs share traceability requirement in Slack investor suit

(June 1, 2023) - The U.S. Supreme Court has handed a victory to Slack Technologies Inc., ruling that plaintiffs asserting misrepresentations in connection with the company's direct listing must trace their shares to a registration statement to...

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Article: Slack investor urges SCOTUS to reject 'opt-out regime' for direct listings 2023 SECDBRF 0046
Date: March 2, 2023
A Slack Technologies Inc. investor wants the U.S. Supreme Court to uphold a ruling allowing participants in direct listings to sue sellers over defective registration statements without showing that the shares they own are traceable to one.
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