Investors: Facebook Mischaracterizes 9th Circuit Ruling In High Court Petition

(April 30, 2024, 1:18 PM EDT) -- WASHINGTON, D.C. — Investors who brought a securities putative class complaint against the social media giant formerly known as Facebook Inc. tell the U.S. Supreme Court in an April 29 opposition brief that the Ninth Circuit U.S. Court of Appeals did not create a circuit split when it partly revived the complaint, saying Facebook is wrong to say the Ninth Circuit held that companies must disclose events that pose no risk of business harm....

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