Justices Urged To 'Shut The Door' On Meta Disclosure Suit

By Jessica Corso

The U.S. Supreme Court should "shut the door" on private securities lawsuits that could create a bloated disclosure regime and hurt businesses and investors alike, the U.S. Chamber of Commerce said Friday in a brief backing Meta Platforms Inc.'s call for the justices to hear a shareholder proposed class action over the Cambridge Analytica data abuse scandal.

 Brief attached | Read full article » | Save to favorites »