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Trade Groups Back Matrixx On AER Disclosure In Supreme Court Case

This article was originally published in The Tan Sheet

Executive Summary

Blanket disclosure of all adverse event reports would be "detrimental to investors and consumers," trade groups say in a brief supporting Matrixx Initiatives in its dispute with shareholders

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Supreme Court's Matrixx Decision Expands Firms' Disclosure Burden

The Supreme Court's decision in a complaint shareholders brought against Matrixx Initiatives lowers the threshold for when firms need to disclose information, but also aims to prevent an "avalanche of trivial information."

Supreme Court's Matrixx Decision Expands Firms' Disclosure Burden

The Supreme Court's decision in a complaint shareholders brought against Matrixx Initiatives lowers the threshold for when firms need to disclose information, but also aims to prevent an "avalanche of trivial information."

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