City of Riviera Beach General v. Macquarie Infrastructure Corpo
January 27, 2023
The Second Circuit on Friday denied a petition to reconsider its decision reviving a lawsuit claiming executives from a U.S. subsidiary of Macquarie Group failed to warn investors about the financial implications of a new environmental regulation.
January 04, 2023
A U.S. subsidiary of Macquarie Group is calling on the full Second Circuit to overturn a ruling that revived a lawsuit claiming its executives failed to warn investors about the financial implications of a new environmental regulation, saying the ruling could widen a circuit split and expose corporations to more securities lawsuits.
December 20, 2022
A New York appeals court ruled on Tuesday that investors can sue affiliates of Macquarie Group Ltd. over claims that executives failed to warn them about the financial impact of a new environmental regulation, restoring a lawsuit that a lower court tossed in September 2021.