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June 25, 2024
|2 min read
Second Circuit Cites Macquarie in Affirming Dismissal of Putative Securities Class Action
In a summary order issued on June 10, 2024, the Second Circuit Court of Appeals relied on the U.S. Supreme Court’s holding in Macquarie Infrastructure Corp. v. Moab Partners, L.P., 601 U.S. 257 (2024), for the first time, demonstrating the relevance of the Court’s ruling to securities class actions.