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Meta, Facebook's parent company, and Nvidia are defending against claims—revived by the appeals court—that they misled investors in violation of Section 10 (b) of the Securities Exchange Act.
The Supreme Court will presumably use the two cases to clarify that standard. Both Nvidia and Facebook filed their opening merits briefs earlier this month.
The Supreme Court is set to consider bids by two tech giants to fend off federal securities fraud lawsuits in separate cases.
The justices heard arguments in Nvidia's appeal of a lower court's decision allowing a 2018 class action to proceed.
WASHINGTON (Reuters) - The U.S. Supreme Court is set to consider bids by two tech giants - Meta's Facebook and Nvidia - to fend off federal securities fraud lawsuits in separate cases that could ...
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Supreme Court dismisses Nvidia’s appeal in securities lawsuitThe Supreme Court on Wednesday dismissed an appeal from Nvidia in a securities lawsuit against the chipmaking giant, allowing the case to move forward.
Similar to the Court’s refusal to issue an opinion in Facebook, the post-argument dismissal of NVIDIA is unlikely to alter the securities litigation landscape.
The U.S. Supreme Court is set to consider bids by two tech giants - Meta's Facebook and Nvidia - to fend off federal securities fraud lawsuits in separate cases that could make it harder for ...
WASHINGTON : The U.S. Supreme Court is set to consider bids by two tech giants - Meta's Facebook and Nvidia - to fend off federal securities fraud lawsuits in separate cases that could make it ...
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