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M&T Bank Corporation, et al., Petitioners v. David Jaroslawicz, et al.
Case Number:
20-678
Court:
Nature of Suit:
3850 Securities, Commodities, Exchange
Firms
Companies
Sectors & Industries:
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January 25, 2021
High Court Won't Take Up M&T Bank Merger Case
The U.S. Supreme Court on Monday declined to rethink a Third Circuit decision that revived a shareholder suit accusing M&T Bank of concealing the risks of a $3.7 billion merger.
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December 18, 2020
M&T Case Revival Threatens Capital Markets, High Court Told
Three top financial industry groups urged the U.S. Supreme Court to overturn a Third Circuit ruling that reinstated a stockholder suit accusing M&T Bank of failing to fully disclose the risks of a $3.7 billion merger, saying the decision could harm capital markets.
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November 18, 2020
M&T Asks High Court To Tackle 'Nightmare' Disclosure Ruling
M&T Bank Corp. has asked the U.S. Supreme Court to examine the "nightmare scenario" created by a Third Circuit ruling that companies must disclose unknown facts and admit to wrongdoing that has not been charged by regulators, saying the decision creates a path for investors to extort settlements from innocent businesses.