Kirkland M&A Update Kirkland & Ellis LLP

M&A Update: Passing the Smell Test — Practical Guidance on Materiality and Disclosure After Matrixx Decision

In this issue of Kirkland M&A Update, partners David Fox and Daniel E. Wolf discuss the Supreme Court’s recent Matrixx decision, which offers issuers a number of practical steps to both reduce the risk of losing a stock-drop case and increase the likelihood of having such a case dismissed at the early pleading stages.