In re SmileDirectClub Securities Litigation

Published on:
June 9, 2026

Court:
Chancery Court
(Davidson County, TN)

Amicus Issue:
Whether a proposed settlement in securities litigation – which includes a provision that non-settling underwriter defendants cannot seek contribution from the settling individuals if the underwriters go to trial and are found liable for damages – may also include a provision that those same underwriters are not allowed to set-off any future damages award by the amount of the underwriters’ proportionate fault.

Counsel of Record:
Bass, Berry & Sims PLC

Britt K. Latham
Margaret V. Dodson
Grace E. Platt

Other Amici:
None.

Details

More Content

  • Letters
    Jun 09, 2026

    FinCEN and OFAC Joint Proposed Rulemaking on PPSI AML/CFT Program and Sanctions Compliance Program Requirements

    SIFMA and SIFMA AMG comment to FinCEN and OFAC on PPSI AML/CFT Program and Sanctions Compliance Program Requirements.
  • Letters
    Jun 09, 2026

    AML and Countering the Financing of Terrorism Programs

    SIFMA comments to FinCEN in support of the proposed rulemaking to reform the requirements for financial institutions' AML/CFT programs.
  • Testimony
    Jun 04, 2026

    Opening Remarks on Passive Index Funds and Shareholder Voting

    Lindsey Keljo delivered testimony before the SEC Investor Advisory Committee meeting on Passive Index Funds and Shareholder Voting.

Get the latest trends, stats, and research on financial markets and securities.