Reuters

9th Circuit extends tracing requirement to Section 12(a)(2) of the Securities Act of 1933

April 28, 2025 - Companies that raise capital through public offerings of stock, such as in an IPO, have historically faced a heightened risk of being sued in securities class actions when their stock ...
JD Supra

Massachusetts Considers Granting Physician Assistants Section 12 Authority

Section 12 grants physicians, advanced practice registered nurses, qualified psychologists and licensed independent social workers the authority to restrain and apply for the hospitalization of ...
Reuters

Circuits split over whether social media posts may give rise to section 12 seller liability

March 6, 2023 - Section 12 of the Securities Act of 1933 imposes liability on a person who "offers or sells" unregistered securities or registered securities "by means of a prospectus or oral ...
JD Supra

On Remand From SCOTUS, Ninth Circuit Rejects Investor’s Efforts to Save Section 11 Direct Listing Claim, Holds Section 12(a)(2) Likewise Requires Tracing

On February 10, 2025, the US Court of Appeals for the Ninth Circuit issued the latest decision in Pirani v. Slack Technologies, a long-running case examining the tracing requirements under Sections 11 ...
Berkshire Eagle

Co-responders: Section 12 in practice

PITTSFIELD — There are two types of Section 12 orders: those empowering first responders to transport a person to a hospital for a mental health evaluation, and those that commit a person to full ...