Forum

U.S. Supreme Court

Case Status

Resolved

Docket Number

Term

2018 Term

Oral Argument Date

April 15, 2019

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Questions Presented

Whether the Ninth Circuit correctly held, in express disagreement with five other courts of appeals, that Section 14(e) of the Securities Exchange Act of 1934 supports an inferred private right of action based on a negligent misstatement or omission made in connection with a tender offer.

Case Updates

Supreme Court dismisses case as improvidently granted

April 23, 2019

U.S. Chamber leads coalition amicus brief at the merits stage arguing there is no private right of action to enforce Section 14(e) of the Securities Exchange Act of 1934

February 26, 2019

Click here to view the colaition amicus brief filed by the U.S. Chamber of Commerce and Business Roundtable.

George Conway of Wachtell, Lipton, Rosen & Katz LLP served as co-counsel for the amici.

U.S. Chamber files amicus brief urging the Supreme Court to grant cert. and hold there is no private right of action to enforce Section 14(e) of the Securities Exchange Act of 1934

November 13, 2018

Click here to view the Chamber’s amicus brief.

George T. Conway of Wachtell, Lipton, Rosen & Katz served as co-counsel for the U.S. Chamber of Commerce on behalf of the U.S. Chamber Litigation Center.

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