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Bragar Eagel in the News: Slack's Direct Listing Ruling Could Have Far-Reaching Impact
More news at Law360 about Bragar Eagel & Squire's win at the Ninth Circuit in the investor suit against Slack Technologies:
"The ruling was a big win for investor rights because the majority of the panel confirmed the view that the choice of how to go public (direct listing vs. traditional IPO) should not be influenced by the federal securities law liability rules for those issuers who may make untrue or misleading statements in their registration materials," Council of Institutional Investors general counsel Jeff Mahoney said.
Read more at Law360
"The ruling was a big win for investor rights because the majority of the panel confirmed the view that the choice of how to go public (direct listing vs. traditional IPO) should not be influenced by the federal securities law liability rules for those issuers who may make untrue or misleading statements in their registration materials," Council of Institutional Investors general counsel Jeff Mahoney said.
Read more at Law360