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BFA Partner Joseph Fonti Featured in Analysis of Recent Supreme Court Securities Litigation Rulings
On December 30, 2024, the New York Law Journal featured BFA Partner Joseph Fonti in an analysis of the Supreme Court's 2024 securities litigation rulings. He explained that the Court's recent decisions, particularly Macaquarie Infrastructure Corp. v. Moab Partners, L.P., helped solidfiy pleading standards in securities fraud cases. He explained, "It's pretty decisive that at this point, the pleading standard is settled," and that lower courts have effectively applied the Court's past precedents, which makes signfiicant changes to these standards unlikely in the near future.