Slack Technologies, LLC v. Pirani

Slack Technologies, LLC v. Pirani
Supreme Court of the United States
Decided June 1, 2023
Full case nameSlack Technologies, LLC v. Pirani
Docket no.22-200
Citations598 U.S. ___ (more)
Holding
To state a claim under Section 11(a) of the Securities Act of 1933, a plaintiff must allege the purchase of "such security" issued pursuant to a materially misleading registration statement.
Court membership
Chief Justice
John Roberts
Associate Justices
Clarence Thomas · Samuel Alito
Sonia Sotomayor · Elena Kagan
Neil Gorsuch · Brett Kavanaugh
Amy Coney Barrett · Ketanji Brown Jackson
Case opinion
MajorityGorsuch, joined by unanimous
Laws applied
Securities Act of 1933

Slack Technologies, LLC v. Pirani, 598 U.S. ___ (2023), was a United States Supreme Court case in which the Court held that to state a claim under Section 11(a) of the Securities Act of 1933, a plaintiff must allege the purchase of "such security" issued pursuant to a materially misleading registration statement.[1][2]

  1. ^ Slack Technologies, LLC v. Pirani, No. 22-200, 598 U.S. ___ (2023).
  2. ^ "Justices limit suits challenging misleading securities registration statements". SCOTUSblog. 2023-06-01. Retrieved 2024-11-13.