securities-fraud
28 cases — ← All topics
| Case | Title | Lower Court | Docketed | Status | Flags | Tags | Question Presented |
|---|---|---|---|---|---|---|---|
| 25-837 | Faraday Hosseinipour v. United States | Sixth Circuit | 2026-01-15 | Pending | Response Waived | conspiracy intent-to-defraud mail-fraud pyramid-scheme securities-fraud sixth-circuit | Whether the Government can establish a pyramid scheme by shortcutting its burden of proving conspiracy elements and intent to defraud, and whether jur… |
| 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 | Whether the Supreme Court should resolve a circuit split regarding the proper standard for determining whether an alleged corrective disclosure in sec… | |
| 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 | Whether a defendant may be convicted of a federal fraud conspiracy without a jury finding of specific intent to defraud | |
| 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 | Whether the PSLRA bars a civil RICO claim based on conduct actionable as securities fraud by another potential plaintiff even if the particular RICO p… |
| 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 | Whether the fraud-on-the-market presumption applies to all securities plaintiffs or only those trading at market price in an efficient market |
| 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 | Whether the fraud-on-the-market presumption established in Basic Inc. v. Levinson applies to minority shareholders in a freeze-out merger who did not … | |
| 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 | What public companies must disclose in the 'risk factors' section of their 10-K filings |
| 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 | Whether plaintiffs seeking to allege scienter under the PSLRA based on allegations about internal company documents must plead with particularity the … |
| 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 | Whether plaintiffs can satisfy the Private Securities Litigation Reform Act's heightened pleading standards by relying on a hired expert report withou… | |
| 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 | Is it a violation of due process when any court makes no effort to address or remedy material abuses of discretion and material errors on the record? |
| 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? |
| 22-6108 | 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 | Whether the United States Court of Appeals for the Fourth Circuit erred in dismissing the petitioner's meritorious appeal of his conviction of securit… |
| 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… |
| 21-5098 | 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 | Whether disputed public allegations about an issuer or its business, without any additional corroborating disclosure or event, reveal to an efficient … |
| 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 |
| 19-1197 | 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 | Whether the relaxed pleading standard for claims where evidence lies within the defendant's exclusive possession applies to claims under Section 10(b)… |
| 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 | Whether a 'no ultimate harm' instruction in a securities fraud prosecution causes prejudicial jury confusion by effectively holding the accused to a 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 | Does a trust beneficiary's allegations that a trustee used trust assets to buy and sell the trustee's own proprietary securities for the trustee's own… |
| 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 | Whether offensive collateral estoppel may be used to enter summary judgment on an alternative theory that was never presented to the trier of fact in … |
| 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 | Alleged-fraud-disclosure-harm |
| 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 | Whether the Exchange Act applies without exception whenever a claim is based on a domestic transaction, or whether in certain circumstances the Exchan… |
| 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 | Whether a private plaintiff states a valid securities-fraud claim by pleading that the defendant enabled a third party to commit the acts that caused … |
| 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… |