In the Headlines
November 15, 2024
Justices May Bypass Clarity in Nvidia's Pleading Test Request
Bloomberg Law
Litigation attorney Stephen Warren was quoted in a Bloomberg Law article about the U.S. Supreme Court's recent oral arguments in Nvidia Corp.'s appeal of a securities lawsuit. The article discussed the potential outcomes of the case, which centers on pleading standards in securities fraud suits under the Private Securities Litigation Reform Act. Mr. Warren provided insights on the justices' reactions to Nvidia's arguments and the likelihood of the Court establishing new legal rules regarding the use of internal company documents and expert reports in pleadings.
He commented on the various possible outcomes of the case, but expressed doubt about significant changes to existing law. "But I don't expect them to make new law," he said. "I think it'll rather be an affirmance of their previous positions."
READ: Justices May Bypass Clarity in Nvidia's Pleading Test Request (Subscription required)
He commented on the various possible outcomes of the case, but expressed doubt about significant changes to existing law. "But I don't expect them to make new law," he said. "I think it'll rather be an affirmance of their previous positions."
READ: Justices May Bypass Clarity in Nvidia's Pleading Test Request (Subscription required)