Macquarie Infrastructure Corp. v. Moab Partners, L. P.
Decided April 12, 2024. Sonia Sotomayor delivered the opinion of the Court.
Docket 22-1165 · 601 U.S. 257 (2024) · Cited 41 times
Holding
Pure omissions are not actionable under SEC Rule 10b–5(b), which makes it unlawful to omit material facts in connection with buying or selling securities when that omission renders “statements made” misleading.
The Court’s statement of the holding, from the opinion’s syllabus. The syllabus is prepared by the Reporter of Decisions and is not part of the opinion of the Court — read the official opinion for authority.
How the Justices voted
Decided 9–0.
Majority · 9
“Concurring” means agreeing with the outcome; any split shown is the Court’s judgment, not each Justice’s reasoning. The lineup is the syllabus’s disposition of who wrote and joined each opinion. Source: the opinion’s syllabus (supremecourt.gov).
Precedents cited
Supreme Court decisions this opinion relies on, ordered by how often it cites each. Cases in our collection link through; others are named.
- Basic Inc. v. Levinson · 485 U.S. 224 (1988)
- Chiarella v. United States · 445 U.S. 222 (1980)
- Universal Health Services, Inc. v. United States ex rel. Escobar · 579 U.S. 176 (2016)
- Omnicare, Inc. v. Laborers Dist. Council Constr. Industry Pension Fund · 575 U.S. 175 (2015)
- Ernst & Ernst v. Hochfelder · 425 U.S. 185 (1976)
- Blue Chip Stamps v. Manor Drug Stores · 421 U.S. 723 (1975)
- United States v. Detroit Timber & Lumber Co. · 200 U.S. 321 (1906)
- Matrixx Initiatives, Inc. v. Siracusano · 563 U.S. 27 (2011)
- Stoneridge Investment Partners, LLC v. Scientific-Atlanta, Inc. · 552 U.S. 148 (2008)
Official text
Read the official opinion (PDF, supremecourt.gov)
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Sonia Sotomayor’s profile · All Supreme Court opinions · The Supreme Court
Source: Supreme Court of the United States, slip opinions (2024). Citation count from the Free Law Project’s CourtListener bulk data. Data last verified 2026-07-03. Informational only; verify against the primary source before relying. Not a consumer report (FCRA).