2nd Circuit: Recent High Court Finding Narrowly Affects Securities Suit

Mealey's (August 20, 2024, 11:42 AM EDT) -- NEW YORK — The Second Circuit U.S. Court of Appeals on Aug. 19 remanded to a New York federal court a securities dispute brought by investors who said an infrastructure company made misleading claims to investors, holding that a recent ruling from the U.S. Supreme Court stemming from the case only narrowly impacts the Second Circuit’s previous findings....