The Chevron case?
Nothing yet on the Chevron case.
The second opinion issued this morning is by Justice Sotomayor in Macquarie Infrastructure v. Moab Partners.
It is unanimous. It is barely 8 pages long.
Issue(s): Whether the U.S. Court of Appeals for the 2nd Circuit erred in holding that a failure to make a disclosure required under Item 303 of SEC Regulation S-K can support a private claim under Section 10(b) of the Securities Exchange Act of 1934, even in the absence of an otherwise misleading statement.
Held: The court holds that pure omissions are not actionable under SEC Rule 10b-5(b), which makes it unlawful to omit material facts in connection with the sale or purchase of securities when that omission renders “statements made” misleading.
Just three opinions today. Someone at the blog pointed out that so far of all the opinions released, Justices Barrett and Sotomayor have already written three a piece. Nothing yet from Justices Thomas or Alito. The only two yet to write.
So the two most conservative judges have yet to write opinions for this term? To me that is a good sign with hopes that they are writing some of the most important cases.
Another opinion day is schedule for next Tuesday. From now until the end of June we can plan on one, probably two, and occasionally three opinion days every week.