JD Supra

Supreme Court Excludes “Misleading” Statements from False Statement Liability in Thompson v. U.S.

In a unanimous decision issued on March 21, 2025, the Supreme Court in Thompson v. U.S. heightened the burden of proof for “false” statements under 18 U.S.C. § 1014, excluding “misleading” but true ...
JD Supra

Supreme Court Clarifies Liability for Statements of Opinion in Registration Statements

The U.S. Supreme Court ruled today that a statement of opinion in a registration statement cannot be actionable as a misstatement of fact under § 11 of the Securities Act of 1933 if the issuer ...
Reason

No Defamation Liability for False Statement That Congressional Witness's Lawyer Was Partly Paid for by Trump PAC

From yesterday's opinion by Judge Paul Oetken (S.D.N.Y.) in Bobulinski v. Tarlov: The following facts are drawn from the allegations in Plaintiffs' complaint, which are presumed true for the purpose ...
The National Law Review

Omnicare Clarifies Standards for Liability for Statements of Opinion Under Section 11

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Law

'Omnicare' and Opinion Statements Liability in Securities Cases

On Tuesday, the Supreme Court released its long-awaited opinion in Omnicare v. Laborers District Council, 575 U.S. ____ (2015), which rejected the application of a solely objective standard in ...