Slack Technologies, LLC v. Pirani, 598 U.S. ___ (2023), was a United States Supreme Court case in which the Court held that to state a claim under Section 11(a) of the Securities Act of 1933, a plaintiff must allege the purchase of "such security" issued pursuant to a materially misleading registration statement.[1][2]
Slack Technologies, LLC v. Pirani | |
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Decided June 1, 2023 | |
Full case name | Slack Technologies, LLC v. Pirani |
Docket no. | 22-200 |
Citations | 598 U.S. ___ (more) |
Holding | |
To state a claim under Section 11(a) of the Securities Act of 1933, a plaintiff must allege the purchase of "such security" issued pursuant to a materially misleading registration statement. | |
Court membership | |
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Case opinion | |
Majority | Gorsuch, joined by unanimous |
Laws applied | |
Securities Act of 1933 |
References
editExternal links
edit- Text of Slack Technologies, LLC v. Pirani, No. 22-200, 598 U.S. ___ (2023) is available from: Justia
This article incorporates written opinion of a United States federal court. As a work of the U.S. federal government, the text is in the public domain. "[T]he Court is unanimously of opinion that no reporter has or can have any copyright in the written opinions delivered by this Court." Wheaton v. Peters, 33 U.S. (8 Pet.) 591, 668 (1834)