United States statements of opinionmisrepresentation

Omnicare Inc v Laborers District Council

575 U.S. 175 (2015)

JurisdictionUnited States

CourtSupreme Court of the United States

Year2015

StatusBinding authority

Key Principle

Statements of opinion in registration statements are actionable under Section 11 only if the speaker did not actually hold the stated belief or omitted material facts about the basis for the opinion.

Area of Law

securities

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