Opinion Slightly Amended In Investor Suit Over Misleading Social Media Posts

Mealey's (February 24, 2023, 9:42 AM EST) -- SAN FRANCISCO — On remand, a real estate property management company, its founder and CEO and two funds the company managed may raise arguments in federal district court regarding the application of the standard set forth by the U.S. Supreme Court in Omnicare Inc., et al. v. Laborers District Council Construction Industry Pension Fund; however, they may not relitigate any issues that a Ninth Circuit U.S. Court of Appeals panel previously resolved in its earlier opinion, the panel ruled on rehearing....