Sundaram v. Freshworks

Published on:
October 30, 2025

Court:

U.S. Court of Appeals

(Ninth Circuit)

Amicus Issue:

Whether a plaintiff seeking damages for alleged material omissions in the registration statement for a company’s IPO can recover damages under Sections 11 and 15 of the Securities Act, even though the only losses for which the plaintiff seeks damages occurred above the IPO offering price.

Counsel of Record:

Wilmer Cutler Pickering Hale and Dorr LLP

Mark C. Fleming

Timothy J. Perla

Mark L. Hanin

Other Amici:

Washington Legal Foundation

U.S. Chamber of Commerce

Details

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