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Amendment of pleadings in Rule 10b-5 actions.
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Contributed in 2008 & last edited in 2009 by David Gold
Law
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Commerce, labor, particular activities & industries
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Securities
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Liability & enforcement
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Fraud claims
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SEC Rule 10b-5
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Procedure
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District court
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Pleadings
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Amendment: Amendment of pleadings...

The elements of a Rule 10b-5 claim alleging misstatements or omissions are (1) a material misrepresentation or omission by the defendant; (2)...
Analogy to common law fraud is not controlling in establishing liability principles under Rule 10b-5.
Statements about the future do not become actionable misstatements under Rule 10b-5 merely because they later turned out to have been incorrect.