(July 12, 2023, 3:21 PM EDT) -- NEW YORK — A breach of fiduciary duty alone causes “redressable injury” sufficient to establish standing in a case under Section 16(b) of the Securities Exchange Act as nothing more is required to comply with TransUnion LLC v. Ramirez, the Securities and Exchange Commission argues in an amicus brief filed in the Second Circuit U.S. Court of Appeals supporting a shareholder’s allegation that a trial court wrongly determined that he lacked standing to seek disgorgement of short-swing profits accrued by the beneficial owners of more than 10% of 1-800-Flowers.com Inc.’s stock....