High Court Won’t Hear Petition On Company’s Standing To Bring Short-Swing Case

( June 2, 2025, 2:21 PM EDT) -- WASHINGTON, D.C. — The U.S. Supreme Court denied an investor’s petition for a writ of certiorari asking the court to determine if a micro-robotic technology company has Article III standing to bring a case against him for the disgorgement of short-swing profits for violating Section 16(b) of the Securities Exchange Act of 1934....