Firm Files Supreme Court Merits Brief in Securities Case.

Today, the firm filed the brief for respondents in Facebook v. Amalgamated Bank, No. 23-980. The question before the Court is whether Facebook’s description of risk factors in its annual report was misleading in describing the possibility of the loss of private user data as a mere hypothetical prospect when it knew tens of millions of users’ data had been illicitly obtained by Cambridge Analytica. Kevin Russell will argue the case for the respondents on November 6, 2024.