Omission Of Key Information In SEC Filings Is Deceptive, Lead Plaintiffs Argue

(September 15, 2017, 10:11 AM EDT) -- WASHINGTON, D.C. — A company’s withholding of material information in its Securities and Exchange Commission reporting documents is deceptive to investors “even if the affirmative statements in the filing are otherwise true so far as they go,” lead plaintiffs in securities class action lawsuit argue in a respondent’s brief filed Aug. 31 in the U.S. Supreme Court (Leidos Inc., v. Indiana Public Retirement System, et al., No. 16-581, U.S. Sup., 2017 U.S. S. Ct. Briefs LEXIS 3177)....