No. 25-944

Robinhood Markets, Inc., et al. v. Vinod Sodha, et al.

Lower Court: Ninth Circuit
Docketed: 2026-02-09
Status: Pending
Type: Paid
Experienced Counsel
Tags: interim-financial-data item-303 misleading-omissions regulation-s-k section-11 securities-act
Latest Conference: N/A
Question Presented (from Petition)

1. Whether an issuer violates Section 11(a)'s misleading-omissions prong by failing to disclose interim financial data that investors may consider material, without an inquiry into whether the omission rendered any affirmative statement misleading.

2. Whether an issuer violates Item 303—and thus Section 11(a)'s required-statements prong—by failing to disclose and quantify interim financial data before quarterly reporting deadlines.

Question Presented (AI Summary)

Whether an issuer violates Section 11(a)'s misleading-omissions prong by failing to disclose interim financial data without an inquiry into whether the omission rendered any affirmative statement misleading

Docket Entries

2026-03-02
Motion to extend the time to file a response is granted and the time is extended to and including April 10, 2026.
2026-02-27
Motion of Vinod Sodha, et al. for an extension of time submitted.
2026-02-27
Motion to extend the time to file a response from March 11, 2026 to April 10, 2026, submitted to The Clerk.
2026-02-05
Petition for a writ of certiorari filed. (Response due March 11, 2026)
2025-12-29
Application (25A749) granted by Justice Kagan extending the time to file until February 5, 2026.
2025-12-19
Application (25A749) to extend the time to file a petition for a writ of certiorari from January 6, 2026 to February 5, 2026, submitted to Justice Kagan.

Attorneys

Robinhood Markets, Inc., et al.
Jeffrey B. WallSullivan & Cromwell LLP, Petitioner
Vinod Sodha, et al.
Susan Shanke HuScott & Scott Attorneys At Law LLP, Respondent