Legal Opinion
Lorenzo v. SEC. & Exch. Comm'n
Supreme Court of the United States
Decided March 27, 2019No. 17-1077PublishedCited by 144 opinions
1Opinion of the CourtJustice Breyer
Securities and Exchange Commission Rule 10b-5 makes it unlawful:
"(a) To employ any device, scheme, or artifice to defraud,
"(b) To make any untrue statement of a material fact ..., or
"(c) To engage in any act, practice, or course of business which operates or would operate as a fraud or deceit ...
in connection with the purchase or sale of any security." 17 C.F.R. § 240 .10b-5 (2018).
In Janus Capital Group, Inc. v. First Derivative Traders , 564 U.S. 135 , 131 S.Ct. 2296 , 180 L.Ed.2d 166 (2011), we examined the second of these provisions, Rule 10b-5(b), which forbids the "mak[ing]" of "any…
Also in this document: Dissent.
2Cases cited16 opinions
- Ernst & Ernst v. HochfelderSupreme Court of the United States · 1976
- Affiliated Ute Citizens of Utah v. United StatesSupreme Court of the United States · 1972
- Central Bank of Denver, N. A. v. First Interstate Bank of Denver, N. A.Supreme Court of the United States · 1994
- Securities and Exchange Commission v. W. J. Howey Co.Supreme Court of the United States · 1946
- Herman & MacLean v. HuddlestonSupreme Court of the United States · 1983
11 more not listed; retrieve them via the Exa API.
3Cited by144 opinions
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- State of Rhode Island v. Alphabet, Inc.Court of Appeals for the Ninth Circuit · 2021
- Plumbers & Steamfitters Local v. Danske BankCourt of Appeals for the Second Circuit · 2021
139 more not listed; retrieve them via the Exa API.