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    Delaware and New York State Courts Reject Unusual Theory Under the Securities Act governance corpgov.law.harvard.edu

In a pair of recent decisions, the Delaware Superior Court and the New York State Supreme Court each dismissed with prejudice nearly identical cases brought against the First Eagle and JPMorgan mutual fund complexes, respectively, relating to their application of industry standard accounting practices. Putting forth an unusual theory under the Securities Act of 1933 […]

Source: Harvard Law School Forum on Corporate Governance

Published: 2026-08-24T11:30:12Z