June 1 (Reuters) - The U.S. Supreme Court on Thursday gave Salesforce Inc's (CRM.N) Slack Technologies another chance to avoid a lawsuit over the workplace communications software company's 2019 direct listing. A direct listing is an alternative to a traditional initial public offering. The registration statement was filed with the U.S. Securities and Exchange Commission (SEC). That differs from an IPO, under which newly registered shares are offered to the public while existing shareholders are typically barred from selling their unregistered shares for months. Slack's direct listing released 118 million shares that were registered under its registration statement and 165 million pre-existing shares that were exempt from registration.

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Persons: Salesforce Inc's, Fiyyaz Pirani, Pirani, Slack, Neil Gorsuch, Andrew Chung, Will Dunham Organizations: U.S, Supreme, Slack Technologies, San, Circuit, Securities, U.S . Securities, Exchange Commission, SEC, falsities, Thomson Locations: San Francisco, New York