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    • ENFORCEMENT—U.S.: Cert petitions call joint-and-several disgorgement a return to pre-Liu principles
    • CORPORATE FINANCE—SEC’s Division of Economic and Risk Analysis reports IPOs gained ground in Q2 2026
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    • FRAUD AND MANIPULATION—S.D.N.Y.: Lack of particularity in pleading dooms shareholder suit against medical device company
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    Securities Regulation Daily Wrap Up, FRAUD AND MANIPULATION—S.D.N.Y.: Lack of particularity in pleading dooms shareholder suit against medical device company, (Sep 24, 2026)

    Law Firms Mentioned:Grant & Eisenhofer P.A. | King & Spalding LLP
    Organizations Mentioned:Grant & Eisenhofer, PA | Inari Medical, Inc. | King & Spalding, LLP | Michiana Area Electrical Workers' Pension Fund

    By Rebecca E. Hoffman, J.D.

    After ruling that the complaint did not plead the company’s alleged kickback scheme sufficiently, it went a step further and showed that many challenged statements were nonactionable for lack of scienter.

    The complaint in a putative shareholder ...

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