In a recent article for the Daily Journal, litigation & enforcement partner Amy Jane Longo, counsel Ryan Weinstein, and associate Lauren Brady said, “Macquarie’s ruling is unlikely to cause any seismic shifts in securities litigation. SEC enforcement, private securities actions, and issuer disclosures will likely remain unchanged.”
The team added that “the true test of Macquarie’s impact may lie in the SEC’s recent rulemaking, which expands the scope of corporate disclosures beyond their customary roots in financial performance.”
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