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Paul, Weiss is widely recognized as having one of the nation’s preeminent securities litigation and regulatory practices. For two decades, our lawyers have guided global corporations and financial institutions through a series of “bet-the-company” securities-related crises, consistently reducing or eliminating their most damaging claims and negotiating favorable resolutions.
In March 2019, the Supreme Court issued its decision in Lorenzo v. SEC, concluding that, under the Securities Act of 1933 and the Securities Exchange Act of 1934, a person who “disseminates” but does not “make” a misstatement may be held primarily liable. In this video, litigation partners Kannon Shanmugam, Chair of the Supreme Court and Appellate Practice Group, and Audra Soloway, Co-Chair of the Securities and Enforcement Practice Group, discuss the case and its potential impact on the securities-litigation landscape.June 4, 2019