FASB’s Invitation to Comment – Agenda Consultation
SIFMA provided comments to the Financial Accounting Standards Board (FASB) on its Invitation to Comment - Agenda Consultation (the “ITC”).
Summary
Court:
U.S. Court of Appeals
(Ninth Circuit)
Amicus Issue:
Whether and under what circumstances auditors’ opinions are actionable under Section 11 of the Securities Act of 1933 in light of the Supreme Court’s decision in Omnicare v. Laborers Dist., 575 U.S. 175 (2015).
Counsel of Record:
Winston & Strawn LLC
Linda T. Coberly
Lauren Gailey
Other Amici:
U.S. Chamber of Commerce
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