Yesterday, the Supreme Court released its highly-anticipated decision in Hallburton Co. v. Erica P. John Fund, Inc. As we (and, to be fair, others) predicted after the oral argument, the Court did not have the appetite to...more
6/24/2014
/ Basic v Levinson ,
Class Action ,
Class Certification ,
Corporate Counsel ,
Fraud ,
Fraud-on-the-Market ,
Halliburton ,
Halliburton v Erica P. John Fund ,
Popular ,
Presumption of Reliance ,
SCOTUS ,
Securities Fraud
History has shown that large class action cases often follow government investigations the way that the lamb followed Mary to school that day. Sometimes, however, those investigations die and Mary gets lost and brings her...more
Earlier this month, the Supreme Court heard the highly-anticipated oral argument in Hallburton Co. v. Erica P. John Fund, Inc. Prior to the argument, there was a growing consensus that the Court was likely going to overturn...more