Slack Technologies v. Pirani

Docket No.	Op. Below	Argument	Opinion	Vote	Author	Term
22-200	9th Cir.	Apr 17, 2023	Jun 1, 2023	9-0	Gorsuch	OT 2022

Holding: To state a claim under Section 11(a) of the Securities Act of 1933, a plaintiff must allege the purchase of "such security" issued pursuant to a materially misleading registration statement.

Judgment: Vacated and remanded, 9-0, in an opinion by Justice Gorsuch on June 1, 2023.

SCOTUSblog Coverage

Justices limit suits challenging misleading securities registration statements (Ronald Mann, June 1, 2023)
Justices lean toward split decision for suits challenging misleading securities registration statements (Ronald Mann, April 18, 2023)
Justices to review standing requirements for suits based on misleading securities registration statements (Ronald Mann, April 13, 2023)
Court schedules final two argument sessions of 2022-23 term (Amy Howe, January 31, 2023)
Justices grant review in two criminal cases and a securities lawsuit against Slack (Amy Howe, December 13, 2022)

Date	Proceedings and Orders (key to color coding)
07/13/2022	Application (22A36) to extend the time to file a petition for a writ of certiorari from July 31, 2022 to August 31, 2022, submitted to Justice Kagan.
07/18/2022	Application (22A36) granted by Justice Kagan extending the time to file until August 31, 2022.
08/31/2022	Petition for a writ of certiorari filed. (Response due October 3, 2022)
09/07/2022	Blanket Consent filed by Petitioner, Slack Technologies, LLC, et al.
09/08/2022	Motion to extend the time to file a response from October 3, 2022 to November 2, 2022, submitted to The Clerk.
09/12/2022	Motion to extend the time to file a response is granted and the time is extended to and including November 2, 2022.
09/30/2022	Motion for leave to file amicus brief filed by Cato Institute.
10/03/2022	Motion for leave to file amicus brief filed by Washington Legal Foundation.
10/03/2022	Motion for leave to file amicus brief filed by Joseph A. Grundfest.
10/03/2022	Motion for leave to file amici brief filed by Chamber of Commerce of the United States of America, et al.
11/02/2022	Brief of respondent Fiyyaz Pirani in opposition filed.
11/02/2022	Brief amici curiae of Investor filed. (11/14/2022) (Distributed)
11/21/2022	Reply of petitioners Slack Technologies, LLC, et al. filed. (Distributed)
11/22/2022	DISTRIBUTED for Conference of 12/9/2022.
12/13/2022	Motion for leave to file amicus brief filed by Cato Institute GRANTED.
12/13/2022	Motion for leave to file amicus brief filed by Joseph A. Grundfest GRANTED.
12/13/2022	Motion for leave to file amicus brief filed by Washington Legal Foundation GRANTED.
12/13/2022	Motion for leave to file amici brief filed by Chamber of Commerce of the United States of America, et al. GRANTED.
12/13/2022	Petition GRANTED.
01/27/2023	Brief of petitioners Slack Technologies, LLC, et al. filed.
01/27/2023	Joint appendix filed (Feb.14, 2023 - pages of enlarged images insert). (Statement of costs filed)
01/31/2023	SET FOR ARGUMENT on Monday, April 17, 2023.
02/03/2023	Brief amici curiae of Chamber of Commerce of the United States of America, et al. filed.
02/03/2023	Brief amicus curiae of Washington Legal Foundation filed.
02/03/2023	Brief amicus curiae of Cato Institute filed.
02/03/2023	Brief amici curiae of Hon. Jay Clayton and Hon. Joseph A. Grundfest filed.
02/08/2023	Record requested from the U.S.C.A.-9th Circuit
02/08/2023	All records from the USCA-9th Circuit are available on PACER. Sealed records from the USDC-Northern District of California were transmitted electronically.
02/14/2023	Letter of petitioners provide enlarged copies of the charts other images included in joint appendix received..
02/27/2023	Brief of respondent Fiyyaz Pirani filed.
03/06/2023	Brief amici curiae of Former SEC Officials filed.
03/06/2023	Brief amici curiae of Law and Business Professors filed.
03/06/2023	Brief amici curiae of Evidence and Civil Procedure Scholars filed.
03/06/2023	Brief amici curiae of Institutional Investors filed.
03/06/2023	Brief amicus curiae of Nokota Capital Management, LP filed.
03/24/2023	CIRCULATED
03/29/2023	Reply of petitioners Slack Technologies, LLC, et al. filed. (Distributed)
04/17/2023	Argued. For petitioners: Thomas G. Hungar, Washington, D. C. For respondent: Kevin K. Russell, Washington, D. C.
06/01/2023	Judgment VACATED and case REMANDED. Gorsuch, J., delivered the opinion for a unanimous Court.
07/03/2023	Judgment issued.