Related Press Release
U.S. Chamber Sues the Securities and Exchange Commission Over Stock Buyback Rule To Protect Investors, Businesses, U.S. Chamber Sues SEC Over Stock Buyback RuleCase Updates
U.S. Chamber and coalition file opening appellate brief challenging the Securities and Exchange Commission’s final share-repurchase rule, which requires companies to disclose daily repurchase activity and to provide justification for their repurchase activity
July 03, 2023
Click here to view the brief.
U.S. Chamber files lawsuit, with co-plaintiffs Texas Association of Business and Longview Chamber, against the Securities and Exchange Commission’s final share-repurchase rule requiring companies to disclose daily repurchase activity and to provide justification for their repurchase activity
May 12, 2023
The lawsuit seeks to protect returns for investors as well as the ability of companies to make decisions free from government micromanagement.
Noel J. Francisco, James Burnham, Brian C. Rabbitt, Brinton Lucas, Charles E.T. Roberts, and Ryan M. Proctor of Jones Day and the U.S. Chamber’s Litigation Center served as co-counsel for the U.S. Chamber.