High Court Removes Securities Suit Oral Arguments From Calendar

Mealey's (October 18, 2017, 2:22 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court on Oct. 17 removed from the calendar oral arguments in an appeal of a securities class action ruling regarding Securities and Exchange Commission Regulation S-K Item 303’s duty to disclose provision for federal securities law claims and stayed the action after the parties stated that they have reached a settlement (Leidos Inc., v. Indiana Public Retirement System, et al., No. 16-581, U.S. Sup.)....