No. 18-164

First Solar, Inc., et al. v. Mineworkers' Pension Scheme, et al.

Lower Court: Ninth Circuit
Docketed: 2018-08-06
Status: Denied
Type: Paid
CVSGAmici (2)Relisted (2) Experienced Counsel
Tags: disclosure fraud fraud-claim loss-causation market-price private-plaintiff securities-fraud standing
Key Terms:
ERISA Securities ClassAction JusticiabilityDoctri
Latest Conference: 2019-06-20 (distributed 2 times)
Question Presented (AI Summary)

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 where the event or disclosure that triggered the decline did not reveal the fraud on which the plaintiffs' claim is based

Question Presented (OCR Extract)

QUESTION PRESENTED 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 where the event or disclosure that triggered the decline did not reveal the fraud on which the plaintiffs claim is based. (i)

Docket Entries

2019-06-24
Petition DENIED.
2019-06-04
DISTRIBUTED for Conference of 6/20/2019.
2019-05-28
Supplemental brief of petitioners First Solar, Inc., et al. filed.
2019-05-15
Brief amicus curiae of United States filed.
2018-10-09
The Solicitor General is invited to file a brief in this case expressing the views of the United States. Justice Kavanaugh took no part in the consideration or decision of this petition.
2018-09-19
DISTRIBUTED for Conference of 10/5/2018.
2018-09-19
Reply of petitioners First Solar, Inc., et al. filed. (Distributed)
2018-09-05
Brief of respondents Mineworkers' Pension Scheme, et al. in opposition filed.
2018-09-05
Brief amici curiae of Securities Industry and Financial Markets Association, et al. filed.
2018-08-06
Petition for a writ of certiorari filed. (Response due September 5, 2018)

Attorneys

First Solar, Inc., et al.
Neal Kumar KatyalHogan Lovells US LLP, Petitioner
Neal Kumar KatyalHogan Lovells US LLP, Petitioner
Mineworkers' Pension Scheme, et al.
Susan K. AlexanderRobbins Geller Rudman & Dowd LLP, Respondent
Susan K. AlexanderRobbins Geller Rudman & Dowd LLP, Respondent
Securities Industry and Financial Markets Association, et al.
Elaine Janet GoldenbergMunger, Tolles & Olson LLP, Amicus
Elaine Janet GoldenbergMunger, Tolles & Olson LLP, Amicus
UNITED STATES
Noel J. FranciscoSolicitor General, Amicus
Noel J. FranciscoSolicitor General, Amicus