M&A 'Pure Omission' Claims Test Limits Of Securities Laws

Matthew Kilby and Rory Collins co-authored an ‘Expert Analysis’ article for Law360 regarding “pure omission” claims in M&A litigation. The article discusses the recent shift of merger litigation from fiduciary claims brought in state court, to securities law claims brought in federal court and also analyzes two federal appellate decisions, which reject attempts by plaintiffs to bring “pure omission” claims under the federal securities laws.