![Slack desktop](https://cdn3.cdnme.se/5447227/9-3/1_64e61dfaddf2b33c615a3cd3.png)
![slack desktop slack desktop](https://m.foolcdn.com/media/the-blueprint/images/Slack_Project_Management_-_Slack_Workspace.width-800.jpg)
The case, as you probably recall, is a challenge by Slack Technologies LLC to a ruling from the 9th U.S.
![slack desktop slack desktop](https://photos5.appleinsider.com/gallery/35142-64267-new-slack-head-xl.jpg)
So you're probably wondering what the government has to say about the biggest Supreme Court securities class action dispute of the last couple of years. In case after case for the last 20 years, under both Democratic and Republican administrations, the solicitor general’s office has submitted amicus briefs backing investors – on, among other issues, the presumption that fraud taints the market for widely traded shares, the definition of fraudulent intent and the requirements for class certification.Įven when the government urged the Supreme Court in 2021 to vacate the certification of a class of shareholders suing Goldman Sachs Group Inc, the Justice Department opposed Goldman’s broad call for the court to make it easier for defendants to oppose certification. Justice Department and the Securities and Exchange Commission to remind the justices that the government relies on private cases to help regulators enforce securities laws. Supreme Court hears disputes over securities class actions, investors can count on the U.S.
![Slack desktop](https://cdn3.cdnme.se/5447227/9-3/1_64e61dfaddf2b33c615a3cd3.png)