49-12 Furnituresupplyusa.com, Inc. v. Public School Teachers’ Pension and Retirement Fund of Cedar Grove

Year: 2025 (Vol. 49)

Topic(s): Securities

Question(s) presented: (1) Whether a fully disclosed corporate transaction can be “manipulative” under the Securities Exchange Act of 1934. (2) Whether, in the case of a short sale, a plaintiff may only satisfy the reliance requirement of Rule 10b-5 by demonstrating reliance on Defendant’s misrepresentation at the time they purchased shares.

Format: Word and PDF

Prepared by: Jacob Wexler

Not Preempted as of Dec. 1, 2025