The U.S. Supreme Court is set to decide whether shareholders can sue for alleged failures to comply with Item 303’s disclosure requirements. In ‘Macquarie Infrastructure Corp. v. Moab Partners, L.P,’ the court will decide whether private plaintiffs can import Item 303’s broad, subjective disclosure requirements into a Rule 10b-5 private securities fraud claim. The court’s resolution of this issue could have a significant effect on the scope of public companies’ potential liability for alleged securities fraud.
A new study published in PLOS One sheds light on how people respond to health-related disinformation on social media. The research suggests that people who enjoy thinking critically and analytical...