Start Date: 7/20/2023 1:00 PM EDT
End Date: 7/20/2023 1:30 PM EDT
Carol Gilden (Partner, Cohen Milstein Sellers & Toll PLLC) and Professor Joshua Mitts (Columbia Law School) discussed the Supreme Court's opinion in Slack v. Pirani, holding that plaintiffs asserting claims under Section 11 of the Securities Act of 1933 must trace shares purchased in a direct listing to a registration statement. Ms. Gilden and Professor Mitts also discussed the amicus brief of law and business professors they authored in Slack, arguing that tracing is possible using accounting methods and time-stamped transactional records. They also examined the Court's opinion and ultimate decision to remand the case, as well as the impact on current cases and the potential for Securities and Exchange Commission rulemaking. CII General Counsel Jeff Mahoney moderated.
CII Members may watch a recording of this webinar in CII's event archive.
