securities-fraud

29 cases — ← All topics

Case Title Lower Court Docketed Status Flags Tags Question Presented
25-977 Johnson & Johnson, et al. v. San Diego County Employees Retirement Association, et al. Third Circuit 2026-02-18 Pending Basic-Inc-v-Levinson class-certification corrective-disclosure efficient-market-hypothesis inflation-maintenance-theory securities-fraud Securities-fraud class actions overwhelmingly rely on the "inflation-maintenance" theory, which posits that misrepresentations maintain an inflated st…
25-837 Faraday Hosseinipour v. United States Sixth Circuit 2026-01-15 Denied Response Waived conspiracy intent-to-defraud mail-fraud pyramid-scheme securities-fraud sixth-circuit 1. Whether by establishing a pyramid scheme, the Government can shortcut its burden of proving the necessary elements of conspiracy to commit mail fra…
25A744 Johnson & Johnson, et al. v. San Diego County Employees Retirement Association, et al. Third Circuit 2025-12-23 Application basic-presumption class-certification corrective-disclosure market-efficiency price-impact securities-fraud 1. This case warrants the Court's review because it presents an ideal vehicle for the Court to resolve two related splits of authority about the prope…
25A623 Faraday Hosseinipour v. United States Sixth Circuit 2025-11-26 Application conspiracy intent-to-defraud mail-fraud mens-rea multi-level-marketing securities-fraud Question not identified.
25-391 Citigroup Inc. v. Otto Candies, LLC, et al. Eleventh Circuit 2025-10-02 Denied Amici (2) circuit-split civil-litigation pslra racketeer-influenced rico securities-fraud In the Private Securities Litigation Reform Act (PSLRA), Congress barred plaintiffs from bringing claims under the Racketeer Influenced and Corrupt Or…
25-351 Shanda Games Limited, et al. v. David Monk Second Circuit 2025-09-24 Denied Amici (2)Response Waived class-action fraud-on-the-market investor-reliance market-efficiency presumption-of-reliance securities-fraud In Basic Inc. v. Levinson, 485 U.S. 224 (1988), this Court recognized a rebuttable fraud-on-the-market presumption for establishing reliance in a secu…
24A1244 Shanda Games Limited, et al. v. David Monk Second Circuit 2025-06-17 Presumed Complete efficient-market fraud-on-the-market merger-transaction proxy-statement securities-fraud shareholder-rights Question not identified.
24-1151 BDO USA, LLP v. New England Carpenters Guaranteed Annuity and Pension Funds, et al. Second Circuit 2025-05-09 Denied Amici (5)Response RequestedResponse WaivedRelisted (2) auditing-standards fact-specific-analysis financial-misstatement materiality-standard professional-compliance securities-fraud Whether the materiality requirement for securities fraud liability is satisfied per se by an auditor's statement of compliance with professional stand…
23-980 Facebook, Inc., et al. v. Amalgamated Bank, et al. Ninth Circuit 2024-03-06 Judgment Issued Amici (13)Relisted (2) circuit-split disclosure federal-rules-of-civil-procedure loss-causation materiality pleading-standard risk-disclosure securities-fraud This petition presents two important questions that have divided the federal courts of appeals. First, the circuits have split three ways concerning w…
23-970 NVIDIA Corporation, et al. v. E. Ohman J:or Fonder AB, et al. Ninth Circuit 2024-03-06 Judgment Issued Amici (18)Relisted (2) class-action expert-opinion falsity falsity-allegations internal-documents pleading-requirements pslra scienter securities-fraud 1. Whether plaintiffs seeking to allege scienter under the PSLRA based on allegations about internal company documents must plead with particularity t…
23A578 NVIDIA Corporation, et al. v. E. Ohman J:or Fonder AB, et al. Ninth Circuit 2023-12-22 Presumed Complete class-action expert-testimony pleading-standards pslra scienter securities-fraud Question not identified.
23-5405 David Petersen v. United States Eleventh Circuit 2023-08-22 Denied Response WaivedIFP abuse-of-discretion constitutional-rights court-errors due-process fourteenth-amendment integrity-of-judicial-process judicial-discretion judicial-process material-errors securities-fraud Question 1. Is it a violation of due process when any court, upon becoming formally aware of multiple material abuses of discretion and material error…
22-646 Sergey Pustelnik, et al. v. Securities and Exchange Commission Second Circuit 2023-01-11 Denied Response Waived artificiality fraud intent legal-standard market-manipulation scienter securities-exchange-act securities-fraud securities-regulation Whether scienter alone may satisfy the tradition ally separate artificiality requirement to establish market manipulation?
22-6108 Jose Luis Ramirez, Jr., aka Zachary Matthew Johnson v. United States Fourth Circuit 2022-11-18 Denied Response WaivedIFP appeal-waiver criminal-conviction criminal-procedure fourth-circuit ineffective-assistance-of-counsel money-laundering plea-agreement plea-bargaining securities-fraud 1. WHETHER THE UNITED STATES COURT OF APPEALS FOR THE FOURTH CIRCUIT ERRED IN DISMISSING THE PETITIONER'S MERITORIOUS APPEAL OF HIS CONVICTION OF SECU…
21-580 Vitaly Korchevsky v. United States, et al. Second Circuit 2021-10-20 Denied Response Waived criminal-indictment criminal-procedure due-process evidence grand-jury grand-jury-clause insider-trading material-nonpublic-information securities-exchange-act securities-fraud stock-trading 1. The Grand Jury Clause of the United States Constitution states that "[n]o person shall be held to answer for a capital, or otherwise infamous crime…
21-5098 Hal Herring Brown, Jr. v. United States Fourth Circuit 2021-07-15 Denied Response WaivedIFP appeal-waiver criminal-procedure fourth-circuit ineffective-assistance ineffective-assistance-of-counsel money-laundering plea-agreement plea-bargaining securities-fraud WHETHER THE UNITED STATES COURT OF APPEALS FOR THE FOURTH CIRCUIT ERRED IN DISMISSING THE PETITIONER'S MERITORIOUS APPEAL OF HIS CONVICTION FOR SECURI…
20-1364 BofI Holding, Inc., et al. v. Houston Municipal Employees Pension System Ninth Circuit 2021-03-30 Denied Amici (1)Response RequestedResponse WaivedRelisted (2) basic-inc-v-levinson disclosure-standards dura-pharmaceuticals efficient-capital-markets-hypothesis efficient-market-hypothesis fraud-on-the-market investor-protection loss-causation market-price securities-exchange-act securities-fraud In Basic Inc. v. Levinson, 485 U.S. 224 (1988), this Court recognized the fraud-on-the-market presumption of reliance for private rights of action bro…
20-5546 Rudolph Carryl v. United States Fourth Circuit 2020-08-31 Denied Response WaivedIFP civil-procedure fraud fraud-definition sale sale-requirement sec-v-zandford securities-exchange-act securities-exchange-act-of-1934 securities-fraud standing statutory-interpretation zandford-precedent WHETHER VIOLATION OF §10(b) OF THE SECURITIES EXCHANGE ACT OF 1934 (15 U.S.C. §78j(b)) AND THE HOLDING OF SEC u. Zandford, 535 U.S. 813 (2002) HAS BEE…
19-1197 GwanJun Kim v. City of Ionia, Michigan, et al. Sixth Circuit 2020-04-04 Denied Response Waived aiding-and-abetting civil-procedure collateral-review exclusive-possession false-claims-act federal-cause-of-action legal-standards pleading-standards retroactivity rule-9b section-10b securities-fraud In this case THE PETITION for that "a United States court of appeals has entered a decision in conflict with the decision of' "Complaint in this actio…
19-495 Martin Shkreli v. United States Second Circuit 2019-10-16 Denied Response Waived bank-fraud forfeiture-calculation good-faith good-faith-defense jury-instruction jury-instructions loss-causation mail-fraud materiality mens-rea no-ultimate-harm prosecutorial-standard securities-fraud statutory-interpretation wire-fraud In prosecutions for mail, wire and bank fraud, which require a finding of a loss or an intended loss by the victim, a "no ultimate harm" instruction h…
19-440 Northern Trust Corporation, et al. v. Lindie L. Banks, et al. Ninth Circuit 2019-10-02 Denied Amici (2)Response RequestedResponse WaivedRelisted (2) circuit-split class-action covered-securities federal-securities-law fiduciary-duty preemption private-securities-litigation-reform-act securities-fraud securities-litigation securities-litigation-uniform-standards-act statutory-interpretation trust-assets trust-law trustee-misconduct uniform-standards-act For purposes of SLUSA, does a trust beneficiary allege misconduct "in connection with" the purchase or sale of a covered security when the beneficiary…
19-97 Mitchell Jay Stein v. Securities and Exchange Commission Ninth Circuit 2019-07-19 Denied Response Waived circuit-split civil-procedure collateral-estoppel jury-trial offensive-collateral-estoppel securities-fraud seventh-amendment summary-judgment This Court has repeatedly instructed that the use of collateral estoppel is limited to situations where "the issues in the two cases are … identical,"…
18-1471 Christopher Hall v. Securities and Exchange Commission Eleventh Circuit 2019-05-24 Denied anti-fraud appellate-review civil-procedure due-process federal-rules-of-civil-procedure judgment-as-a-matter-of-law judgment-as-matter-of-law rule-50 securities securities-exchange-act securities-exchange-act-of-1934 securities-fraud standing Whether an appellate court has authority to consider challenges to issues of law raised in a pre-verdict Federal Rule of Civil Procedure 50(a) motion …
18-1165 Retirement Plans Committee of IBM, et al. v. Larry W. Jander, et al. Second Circuit 2019-03-08 Judgment Issued Amici (8)Relisted (2) amgen-v-harris circuit-split erisa erisa-fiduciary-duty fiduciary-duty fifth-third-standard fifth-third-v-dudenhoeffer insider-information pleading-standard private-securities-litigation-reform-act prudence prudent-fiduciary securities-fraud securities-litigation Whether Fifth Third's "more harm than good" pleading standard can be satisfied by generalized allegations that the harm of an inevitable disclosure of…
18-7816 Jason Brooks v. Phil Weiser, Attorney General of Colorado, et al. Colorado 2019-02-07 Denied IFP constitutional-law criminal-intent criminal-securities-fraud due-process fair-notice mens-rea scienter securities-fraud statutory-interpretation strict-liability willfulness Whether "scienter" is an element of criminal securities fraud and whether its existence is a question of fact that must be proven beyond a reasonable …
18-486 Toshiba Corporation v. Automotive Industries Pension Trust Fund, et al. Ninth Circuit 2018-10-17 Denied CVSGAmici (9)Response RequestedResponse WaivedRelisted (3) circuit-split domestic-transaction domestic-transactions extraterritoriality forum-shopping legal-interpretation morrison-v-national-australia-bank ninth-circuit second-circuit securities-exchange-act securities-fraud securities-regulation In Morrison v. National Australia Bank, Ltd., 561 U.S. 247 (2010), this Court held that Section 10(b) of the Securities Exchange Act does not apply ex…
18-210 BATS Global Markets, Inc., et al. v. City of Providence, Rhode Island, et al. Second Circuit 2018-08-17 Denied Response Waived aiding-and-abetting independent-choice market-manipulation primary-violator rigged-prices securities-fraud securities-fraud-claim third-party-liability trading-activity wash-sales In Central Bank of Denver, N.A. v. First Interstate Bank of Denver, N.A., 511 U.S. 164 (1994), this Court held that the Securities Exchange Act does n…
18-164 First Solar, Inc., et al. v. Mineworkers' Pension Scheme, et al. Ninth Circuit 2018-08-06 Denied CVSGAmici (2)Relisted (2) disclosure fraud fraud-claim loss-causation market-price private-plaintiff securities-fraud standing Whether a private securities-fraud plaintiff may establish the critical element of loss causation based on a decline in the market price of a security…
18-5253 Dennis DeCiancio v. United States Sixth Circuit 2018-07-17 Denied Response WaivedIFP civil-rights criminal-procedure disclosure-duty due-process duty-to-disclose evidence evidence-admissibility federal-rules-of-evidence free-speech materiality prior-convictions rule-10b-5 securities securities-fraud Whether evidence of unrelated prior convictions is admissible in securities fraud cases as direct proof of a fraud under Rule 10b-5, even though there…