Transitional Justice and Inauguration Poems

LESLEY WEXLER

Illinois law professor Lesley M. Wexler describes how Amanda Gorman’s The Hill We Climb and Jericho Brown’s Inaugural,’ an Original Poem—as two inaugural poems—fit within the call of transitional justice. Professor Wexler explains how, read together, the two poems provide a roadmap of the transitional justice terrain the government may choose to tread.

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Friedman v. Tesla, Inc.

Docket: 19-15672

Opinion Date: January 26, 2021

Judge: Collins

Areas of Law: Securities Law

The Ninth Circuit affirmed the district court's dismissal with prejudice of a putative securities fraud class action under Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5. The complaint alleged that Tesla, Inc., and two of its officers, misled the investing public during 2017 about Tesla's progress in building production capacity for the Model 3, its first mass-market electric vehicle. The panel concluded that, to the limited extent that the specific statements challenged in plaintiffs' operative Second Amended Complaint are not protected by the "safe harbor" for forward-looking statements in the Private Securities Litigation Reform Act (PSLRA), 15 U.S.C. 78u-5(c), plaintiffs have failed adequately to plead falsity. The panel also held that plaintiffs' proposal to amend the complaint further, to challenge an additional statement, fails for lack of the requisite loss causation.