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
(Sixth Circuit)
Amicus Issue:
Whether the Affiliated Ute presumption of reliance applies only to claims based on omissions or whether it also extends to claims based on misstatements or half-truths.
Counsel of Record:
Morrison & Foerster LLP
Deanne E. Maynard
Jordan Eth
James R. Sigel
David J. Wiener
Diana L. Kim
Other Amici:
U.S. Chamber of Commerce
Edison Electric Institute
American Tort Reform Assoc.
American Property Casualty Ins. Assoc.
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