Slack Technologies v. Pirani (Supreme Court) securities case
US Supreme Court · 22-200 · filed Aug 31, 2022 · Decided
A Slack shareholder sued over its 2019 direct listing; the Court limited suits by buyers who cannot trace their shares, a win for Slack, now owned by Salesforce.
The case
- Plaintiffs
- Salesforce
- Defendants
- Fiyyaz Pirani
- Court
- US Supreme Court
- Docket
- 22-200
- Filed
- Aug 31, 2022
- Status
- Decided
- Outcome
- The Supreme Court ruled unanimously in June 2023 that Section 11 claims require tracing shares to the registration statement.
History
1 dated entry| Date | Entry | ||
|---|---|---|---|
| Aug 31, 2022 | Filing: Complaint filed: Slack Technologies, LLC v. Pirani | Filing | Link |
Related cases
Caption and links
Slack Technologies, LLC v. Pirani