Slack Technologies, LLC v. Pirani
| Slack Technologies, LLC v. Pirani | |
|---|---|
| Decided June 1, 2023 | |
| Full case name | Slack Technologies, LLC v. Pirani |
| Docket no. | 22-200 |
| Citations | 598 U.S. ___ (more) |
| Holding | |
| To state a claim under Section 11(a) of the Securities Act of 1933, a plaintiff must plead and prove that he purchased "such security" that is "traceable to the allegedly defective registration statement". | |
| Court membership | |
| |
| Case opinion | |
| Majority | Gorsuch, 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 plead and prove that he purchased "such security" that is "traceable to the allegedly defective registration statement".