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Emulex Corp. v. Varjabedian (18-459)

Question

Did the Ninth Circuit correctly hold, in contrast to the holdings of five other federal appellate courts, that Section 14(e) of the Securities Exchange Act of 1934 supports an inferred private right of action based on the negligent misstatement or omission made in connection with a tender offer?

Petitioner: Emulex Corporation, et al.

Respondent: Gary Varjabedian and Jerry Mutza

Granted: 2019-01-04 00:00:00

Decided: 2019-04-23 00:00:00

Argued: 2019-04-15 11:04:00

Uploaded: 2019-04-20 12:01:00

Advocates: Gregory G. Garre, Morgan L. Ratner, Daniel L. Geyser,

Links: Oyez | Opinion | Youtube

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