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The Court held that pure omissions are not actionable under SEC Rule 10b-5(b). The failure to disclose information required by Item 303 can support a Rule 10b-5(b) claim only if the omission renders affirmative statements made misleading.
Read more cases at https://9robes.ai
By 9robes.aiThe Court held that pure omissions are not actionable under SEC Rule 10b-5(b). The failure to disclose information required by Item 303 can support a Rule 10b-5(b) claim only if the omission renders affirmative statements made misleading.
Read more cases at https://9robes.ai