First Decisions in COVID-19 Securities Motions to Dismiss Offer Mixed Results
By EsqSocial Corporation 25/02/21
Seyfarth Synopsis: Two recent decisions on motions to dismiss in COVID-related class action securities litigations—one successfully dismissed, the other largely surviving—show that a bare allegation of failure to predict the extent of the pandemic in public filings may not be enough to state a claim, but more robust allegations of misleading investors on COVID issues may be viable....
By: Seyfarth Shaw LLP