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    • SEC NEWS AND SPEECHES—SEC proposes expansion of ‘responsible retailization‘ of private markets
    • FRAUD AND MANIPULATION—E.D.N.Y.: Alleged misrepresentations were puffery and publicly available when made
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    • FRAUD AND MANIPULATION—N.D. Cal.: Solar manufacturer’s statements about its business in Europe were not misleading
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    • FRAUD AND MANIPULATION—S.D.N.Y.: Summary judgment cross-motions denied in CFTC case alleging price manipulation
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    • SEC NEWS AND SPEECHES—Commission tweaks quorum rule to allow for single commissioner scenario
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    Securities Regulation Daily Wrap Up, FRAUD AND MANIPULATION—E.D.N.Y.: Alleged misrepresentations were puffery and publicly available when made, (Sep 30, 2026)

    Law Firms Mentioned:Skadden, Arps, Slate, Meagher & Flom LLP | The Rosen Law Firm
    Organizations Mentioned:PDD Holdings Inc. | Skadden Arps | The Rosen Law Firm, PA

    By Jay Fishman, J.D.

    A reasonable investor would not rely on the defendants’ statements.

    New York’s Eastern District Court dismissed the plaintiffs’ fraud complaint under Exchange Act Section 10(b)/Rule 10b-5 and Section 20(a) essentially because the ...

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