Forum
U.S. Supreme Court
Case Status
Resolved
Docket Number
Term
2018 Term
Lower Court Opinion
Questions Presented
Whether or in what circumstances a defendant must admit that non-forward-looking statements are false or misleading, in order to be protected by the PSLRA safe harbor for forward-looking statements.
Case Updates
Settlement reached
November 27, 2018
Click here to view the dismissal letter.
U.S. Chamber files amicus brief urging Supreme Court to resolve a circuit split over how to apply the PSLRA’s safe harbor for forward-looking statements
March 22, 2018
Click here to view the amicus brief filed jointly by the U.S. Chamber and Securities Industry and Financial Markets Association.
Lewis J. Liman, Jared M. Gerber, and Martha E. Vega-Gonzalez of Cleary Gottlieb Steen & Hamilton LLP served as co-counsel for the amici.
Case Documents
- Opinion -- City of Miami Fire Fighters' and Police Officers' Retirement Trust v. Quality Systems, Inc. (Ninth Circuit).pdf
- Cert. Petition and Appendix -- Quality Systems, Inc. v. City of Miami Fire Fighters' and Police Officers' Retirement Trust (U.S. Supreme Court).pdf
- Brief in Opposition -- Quality Systems, Inc. v. City of Miami Fire Fighters' and Police Officers' Retirement Trust (U.S. Supreme Court).pdf
- SIFMAand U S Chamber Amicus Brief Quality Systems2 C Inc v Cityof Miami Fire Fighters'and Police Officers' Retirement Trust U S Supreme Court
- Dismissal Letter -- Quality Systems, Inc. v. City of Miami Fire Fighters' and Police Officers' Retirement Trust (U.S. Supreme Court).pdf