securities-exchange-act

23 cases — ← All topics

Case Title Lower Court Docketed Status Flags Tags Question Presented
25-531 Xeriant, Inc. v. Auctus Fund, LLC Second Circuit 2025-10-31 Dismissed contract-rescission exempt-transaction private-right-of-action securities-exchange-act securities-law unregistered-dealer (a) Where a party has attained "unregistered dealer" status at the time of the contract, may that party enter a contract effecting the purchase of a c…
24-1106 Joseph Mona v. Microbot Medical, Inc. Second Circuit 2025-04-24 Denied Amici (1)Response Waived article-iii-standing business-judgment disgorgement securities-exchange-act shareholder-derivative-action short-swing-profits Whether an issuing corporation that neither alleged nor suffered actual injury has Article III standing to maintain an action for the disgorgement of …
24-408 Raging Capital Management, LLC, et al. v. Brad Packer, Derivatively on Behalf of 1-800-Flowers.com, Inc. Second Circuit 2024-10-11 Denied Amici (1)Response Waived article-iii fiduciary-duty securities-exchange-act standing-doctrine statutory-violation supreme-court-precedent Did the Second Circuit correctly apply standing requirements under Article III and recent Supreme Court precedents for a Section 16(b) Securities Exch…
23-98 Gregory Lemelson, aka Father Emmanuel Lemelson, et al. v. Securities and Exchange Commission First Circuit 2023-08-02 Denied first-amendment fraud free-speech market-speech material-misstatement rule-10b-5 sec-rule-10b-5 securities-exchange-act securities-exchange-act-of-1934 securities-law securities-regulation Whether the First Amendment protects a securities market participant from being punished and enjoined by the government for intentionally or recklessl…
22-1165 Macquarie Infrastructure Corporation, et al. v. Moab Partners, L.P., et al. Second Circuit 2023-06-01 Judgment Issued Amici (11)Response Waived circuit-split item-303 item-303-disclosure material-fact private-right-of-action sec-regulation-s-k sec-rule-10b-5 section-10b securities-exchange-act securities-exchange-act-1934 Whether the Second Circuit erred in holding—in conflict with the Third, Ninth, and Eleventh Circuits— that a failure to make a disclosure required und…
22-924 John M. Fife v. Financial Industry Regulatory Authority, Inc. Second Circuit 2023-03-22 Denied Response Waived administrative-law declaratory-judgment due-process exchange-act federal-jurisdiction finra-discipline securities-exchange-act securities-law standing subject-matter-jurisdiction Whether Congress impliedly stripped federal district courts of their 'exclusive jurisdiction' to determine whether FINRA violates the Exchange Act whe…
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 traditionally separate artificiality requirement to establish market manipulation?
22-368 Victor Hong v. Securities and Exchange Commission, et al. Second Circuit 2022-10-19 Denied Response Waived dodd-frank dodd-frank-act enforcement-action exchange-act monetary-sanctions sec securities-exchange-act securities-law securities-law-violation whistleblower whistleblower-incentive What is an 'action' within the Exchange Act's securities whistleblower incentive program, 15 U.S.C. §78u-6(a)(1)?
21-642 Jehu Hand v. United States First Circuit 2021-11-02 Denied Response Waived criminal-liability disclosure-requirements hype regulatory-interpretation resale-of-shares rule-10b-5 securities-exchange-act securities-law stock-fraud stock-price-crash total-mix-of-information Can criminal liability under Securities Exchange Act Rule 10b-5 lie when the 'total mix' of information includes a warning that the public disclosure …
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 Whether the evidence at trial so dramatically changed the type, number, and scope of the specifically alleged trades that the defendant was denied his…
21-552 Edward D. Jones & Co., L.P., et al. v. Edward Anderson, et al. Ninth Circuit 2021-10-15 Denied Amici (1) chadbourne-v-troice circuit-split covered-securities in-connection-with merrill-lynch-v-dabit securities-exchange-act securities-litigation slusa statutory-interpretation uniform-standards-act Whether the Ninth Circuit erred in concluding that Troice narrowed Dabit's interpretation of SLUSA's 'in connection with' prong to require that the al…
21-82 Alpine Securities Corporation v. Securities and Exchange Commission Second Circuit 2021-07-21 Denied Amici (2) administrative-law agency-authority bank-secrecy-act enforcement-authority mens-rea sec-enforcement securities-and-exchange-commission securities-exchange-act statutory-interpretation treasury-department Does the SEC have independent authority to interpret and enforce the Bank Secrecy Act?
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 Whether disputed public allegations about an issuer or its business, without any additional corroborating disclosure or event, reveal to an efficient …
20-862 Hui Feng, et al. v. Securities and Exchange Commission Ninth Circuit 2020-12-30 Denied Response Waived antifraud-provisions broker-registration capital-raising investment-advisers-act-of-1940 sec-authority secondary-market secondary-market-transactions securities-act securities-exchange-act securities-exchange-act-of-1934 statutory-interpretation Whether the SEC exceeded its statutory authority
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 has been extended to encompass acts where the fraud does not coincide with a sale
19-1141 Atlantic Trading USA, LLC, et al. v. BP P.L.C., et al. Second Circuit 2020-03-18 Denied Amici (3) circuit-split commodity-exchange-act domestic-transaction extraterritorial-jurisdiction location-of-exchange morrison-test morrison-v-national-australia-bank securities-exchange-act stoyas-v-toshiba-corp territorial-application Whether passing Morrison's domestic-transaction test is sufficient or merely necessary
19-909 Dennis J. Malouf v. Securities and Exchange Commission Tenth Circuit 2020-01-22 Denied Response Waived administrative-exhaustion appointments-clause claim-processing-rule equitable-exceptions investment-advisers-act jurisdictional-condition securities-exchange-act securities-law What constitutes 'reasonable grounds' to excuse failure to raise Appointments Clause objection before SEC?
18-1566 Charles D. Scoville v. Securities and Exchange Commission Tenth Circuit 2019-06-21 Denied Amici (1) civil-procedure criminal-prosecution dodd-frank-act due-process extraterritorial-jurisdiction extraterritorial-reach extraterritoriality federal-jurisdiction sec-enforcement securities-exchange-act securities-exchange-act-of-1934 securities-law securities-regulation statutory-interpretation subject-matter-jurisdiction Whether Section 929P(b)'s jurisdictional amendments conferred substantive extraterritorial reach upon Sections 10(b) and 17(a) in SEC enforcement acti…
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 …
18-1129 Cadian Capital Management, LP, et al. v. Terry Klein, et al. Second Circuit 2019-02-28 Dismissed article-iii-jurisdiction circuit-split civil-procedure federal-rule-civil-procedure jurisdiction jurisdictional-standing mootness plaintiff-substitution rule-17-substitution rule-17(a)(3) rule-17a3 securities-exchange-act securities-exchange-act-1934 securities-exchange-act-of-1934 shareholder-action shareholder-derivative-action standing substitution Whether a shareholder action under § 16(b) of the Securities Exchange Act of 1934 must be dismissed for lack of jurisdiction once the sole plaintiff h…
18-7225 Neil Gillespie v. Reverse Mortgage Solutions, Inc. Florida 2019-01-03 Dismissed Response WaivedRelisted (2)IFP 7th-amendment administrative-procedure buyer-incompetence civil-rights constitutional-challenge disciplinary-functions due-process federal-regulation foia foreclosure home-equity-conversion-mortgage hud-jurisdiction lawyers-guild mortgage-law nonlawyer-ownership older-americans-act privacy-rights pro-se-litigation securities-exchange-act securities-exchange-act-of-1934 standing the-florida-bar trial-by-jury unlicensed-practice-of-medicine void-for-vagueness voting-rights Is the federal HECM reverse mortgage program unconstitutional?
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 Whether the Exchange Act applies without exception whenever a claim is based on a domestic transaction, or whether in certain circumstances the Exchan…
18-459 Emulex Corporation, et al. v. Gary Varjabedian, et al. Ninth Circuit 2018-10-11 Judgment Issued Amici (11) circuit-split misstatement-omission negligent-misstatement ninth-circuit private-right-of-action section-14(e) securities-exchange-act securities-exchange-act-1934 securities-law tender-offer Whether Section 14(e) of the Securities Exchange Act of 1934 supports an inferred private right of action based on a negligent misstatement or omissio…