Supreme Court rules against private suits brought under key securities law

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Supreme Court rules against private suits brought under key securities law

A person walks past the U.S. Supreme Court on May 28, 2026 in Washington, DC. Kevin Dietsch | Getty Images The Supreme Court sided on Thursday with a group of investment funds affiliated with …

A person walks past the U.S. Supreme Court on May 28, 2026 in Washington, DC. Kevin Dietsch | Getty Images The Supreme Court sided on Thursday with a group of investment funds affiliated with BlackRock and other asset managers in their bid to fend off certain lawsuits brought by private plaintiffs under a key federal securities law. …

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washington dc · Donald Trump · U.S. Securities and Exchange Commission