Supreme Court Grants Motion To Dismiss Pension Fund’s Securities Fraud Petition

( December 11, 2024, 3:59 PM EST) -- WASHINGTON, D.C. — Following the filing of a joint motion to dismiss under U.S. Supreme Court Rule 46, the high court dismissed a pension fund’s petition for a writ of certiorari that sought review of a Sixth Circuit U.S. Court of Appeals panel’s ruling that statements made by a car insurance company about potential risks were not misleading even though the risks had already occurred....