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Features

Supreme Court's Slack Ruling Could Curb 'Direct Listings' IPO Alternative Image

Supreme Court's Slack Ruling Could Curb 'Direct Listings' IPO Alternative

Jimmy Hoover

Messaging company Slack Technologies scored a unanimous victory in the U.S. Supreme Court last month, which held that an investor suing over a company stock offering must show he held "registered" securities in the company.

Features

New York Federal District Court Dismisses Investor Lawsuit Over Tencent Music IPO Image

New York Federal District Court Dismisses Investor Lawsuit Over Tencent Music IPO

Stan Soocher

In December 2018, China-based titan Tencent Music Entertainment launched a U.S. initial public offering (IPO). But the IPO resulted in an investor's class action suit alleging TME violated federal securities laws. This is part of a trend of increasing such securities suits against foreign companies, though the U.S.

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