Supreme Court Rules on SEC Rule 10b-5(b) in Macquarie Infrastructure Corp. v. Moab Partners In the recent decision of Macquarie Infrastructure Corp. v. Moab Partners, No. 22-1165, 2024 WL 1588706 (U.S. Apr. 12, 2024) (“MIC”), the U.S. Supreme Court unanimously held that “pure omissions” in SEC filings do not support liability under SEC Rule 10b-5(b). […]
