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Feds Urge Justices To Affirm 2nd Circ. In SEC Disclosure Suit

By Jared Foretek (December 21, 2023, 3:47 PM EST) -- The federal government is backing the right of private parties to bring civil claims against companies for failing to disclose "trends or uncertainties" that could impact their bottom line, filing an amicus brief in the U.S. Supreme Court on behalf of aggrieved investors in Macquarie Infrastructure Corp....

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