:The U.S. Supreme Court on Thursday gave Salesforce Inc's Slack Technologies another chance to avoid a lawsuit over the workplace communications software company's 2019 direct listing.
The justices ordered the San Francisco-based 9th U.S. Circuit Court of Appeals to reconsider the case. Slack contended the lawsuit must be dismissed because Pirani cannot prove that he bought registered shares that were specified in the company's allegedly misleading registration statement rather than shares that were exempt from registration. The registration statement was filed with the U.S. Securities and Exchange Commission .
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