Partner Michael Kahn Outlines Clearer Approach to Risk Factor Disclosures for Bloomberg Law

Article  |  May 9, 2025

Bloomberg Law

In an article for Bloomberg Law, partner Michael Kahn explains that while a 2024 U.S. Supreme Court decision left unanswered questions on how courts should analyze securities fraud claims challenging risk factor disclosures, an earlier decision provides a framework for treating risk factors as statements of opinion. He argues that this approach offers a clearer legal standard and reduces uncertainty for both companies and courts.

Read: “Treat Risk Disclosures as Opinions to Clean Up Fraud Challenges” [PDF]