Try our Advanced Search for more refined results

Fiyyaz Pirani v. Slack Technologies, Inc., et al

  1. February 10, 2025

    9th Circ. Tosses Slack Investor Suit After High Court Battle

    The Ninth Circuit on Monday released Slack Technologies Inc. from an investor dispute that was previously ruled on by the U.S. Supreme Court, with the circuit court going a step further than the high court in ruling that none of the suing investors' claims were salvageable due to the unique way that Slack went public. 

  2. October 05, 2023

    Slack Investor Forges Ahead After High Court Ruling

    The investor at the center of a high-profile court battle with Slack Technologies Inc. urged the Ninth Circuit on Thursday to send his case back down to district court for further proceedings, saying the recent U.S. Supreme Court ruling curbing his class action should not be read as a dead end for shareholders suing companies that go public via a so-called direct listing.

  3. May 02, 2022

    Slack Denied Full 9th Circ. Rehearing In Direct Listing Fight

    Workplace messaging platform Slack lost its bid on Monday for an en banc rehearing of a Ninth Circuit panel decision allowing a shareholder's suit alleging faulty disclosures in connection with the company's direct listing to proceed, after the full court declined to grant the request.

  4. November 04, 2021

    Slack Seeks Full 9th Circ. Review In Direct Listing Case

    Workplace messaging app Slack urged the Ninth Circuit on Wednesday to rehear a panel ruling allowing a shareholders' suit alleging faulty disclosures in connection with the company's direct listing to proceed despite Slack's contention that investors can't trace their shares to a registration statement.

  5. October 22, 2021

    Slack's Direct Listing Ruling Could Have Far-Reaching Impact

    A recent Ninth Circuit ruling that Slack can be held liable for alleged misstatements leading to its direct listing could have broad ramifications that reshape how long-standing securities laws apply to novel alternatives to initial public offerings as well as traditional IPOs.

  6. September 20, 2021

    Split 9th Circ. Backs Slack Investor's Suit Over Direct Listing

    The registration statement that Slack released before it went public through a direct listing applied to both registered and unregistered shares, a split Ninth Circuit ruled Monday, affirming a lower court's decision not to dismiss certain claims in an investor suit against the messaging platform.