Facebook Asks Supreme Court To End Circuit Split Over Risk Disclosures To Investors

(March 5, 2024, 2:13 PM EST) -- WASHINGTON, D.C. — The company formerly known as Facebook Inc. says in a March 4 petition for a writ of certiorari that the U.S. Supreme Court must address a circuit court split over whether a company must disclose past instances when a risk materialized after the U.S. Ninth Circuit Court of Appeals denied the social media company’s request for rehearing filed after the appeals court partly revived a putative class complaint brought by investors....