Barbara Hart Quoted on Supreme Court’s Omnicare Decision in LAW360 Article
Lowey Dannenberg Cohen & Hart’s President, Barbara J. Hart, was quoted on the legal website LAW360 regarding the significance of the U.S. Supreme Court decision’s in Omnicare Inc. et al. v. Laborers District Council Construction Industry Pension Fund et al. The Court reversed and remanded a Sixth Circuit ruling that executives can be held responsible for opinions expressed to investors that later turned out to be false. Ms. Hart observed the Opinion: “leaves a lot of room for abuse where important information is framed as opinions in offering documents.” To read the article, click here.