Second Circuit Affirms Dismissal of Securities Fraud Complaint
When does a company’s failure to disclose that a warned-of risk has materialized cross the line into securities fraud? In Smith v. The Gap, Inc., No. 25-1130, 2026 U.S. App. LEXIS 15173 (2d Cir. May 28, 2026), the United States Court of Appeals for the Second Circuit drew a clear line: repeating generic risk warnings […] Read More







