This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.

Apr. 26, 2019

SCOTUS DIG Deepens Uncertainty over Shareholder Suits

Can shareholders sue over tender offer misrepresentations and omissions? And is negligence the standard to meet? SCOTUS this week left both questions unresolved, and an unbalanced circuit split intact. Securities experts Matthew Close and Brittany Rogers (O'Melveny & Myers) discuss the implications. And Ron Holland (McDermott Will & Emery) explains the high court's latest 9th Circuit reversal and FAA vindication.

Brittany A. Rogers

Appellate Litigation Counsel, O'Melveny & Myers LLP

Phone: 213-430-8349

Email: brogers@omm.com

Matthew W. Close

Securities Litigation Partner, O'Melveny & Myers LLP

400 S Hope St 18th Fl
Los Angeles , CA 90071

Phone: (213) 430-6000

Fax: (213) 430-6407

Email: mclose@omm.com

UC Berkeley SOL Boalt Hall; Berkeley CA

Ronald J. Holland II

McDermott, Will & Emery LLP

Email: rjholland@mwe.com

Fordham Univ SOL; New York NY



#352265

Brian Cardile

Rulings Editor, Podcast Host, 9th U.S. Circuit Court of Appeals reporter
brian_cardile@dailyjournal.com

For reprint rights or to order a copy of your photo:

Email jeremy@reprintpros.com for prices.
Direct dial: 949-702-5390

Send a letter to the editor:

Email: letters@dailyjournal.com