In re: Volkswagen “Clean Diesel” Marketing, Sales Practices, and Product Liability Litigation
Published on:
July 20, 2020
Committee:
Court:
U.S. Court of Appeals
(Ninth Circuit)
Amicus Issue:
Whether the Affiliated Ute presumption can apply where a complaint alleges misleadingly incomplete statements. Whether the Affiliated Ute presumption can apply absent a fiduciary or other duty requiring a securities issuer to make some affirmative disclosure.
Counsel of Record:
Morrison & Foerster LLP
Deanne E. Maynard
Adam L. Sorensen
Jordan Eth
Mark R.S. Foster
James R. Sigel
Other Amici:
U.S. Chamber of Commerce
Alliance for Automotive Innovation