Deborah Renner

Deborah Renner


Contact  |  View Bio  |  RSS

Latest Publications


District Court Follows Supreme Court’s Lead in Halliburton, Allows Class Action to Proceed with Narrowed Factual Scope

Applying the Supreme Court’s landmark decision in Halliburton Co. v. Erica P. John Fund, Inc., 134 S. Ct. 2398 (2014) (“Halliburton II”), which allowed companies facing securities fraud class actions to defeat certification...more

8/3/2015 - Asbestos Basic v Levinson Class Action Class Certification Construction Industry Financial Markets Fraud-on-the-Market Halliburton Halliburton v Erica P. John Fund Loss Causation Putative Class Actions SCOTUS Securities Fraud Stock Drop Litigation Stocks

A Further Harbinger on the Application of SLUSA

On March 30, 2015, the U.S. District Court for the Southern District of New York dismissed claims in a putative class action against New York-based hedge fund manager Philip A. Falcone (“Falcone”), his advisory firm Harbinger...more

4/22/2015 - Dismissals Fund Managers Harbinger Capital Partners LLC Hedge Funds Issue Preclusion Negligent Misrepresentation Putative Class Actions Securities Fraud SLUSA

The Latest on the Use of Retained Asset Accounts to Pay Life Insurance Benefits

In Merrimon v. Unum Life Insurance Co. of America, 2014 WL 2960024 (1st Cir. July 2, 2014), the U.S. Court of Appeals for the First Circuit became the third circuit court to approve an insurance company’s use of a retained...more

7/22/2014 - Class Action Corporate Counsel ERISA Fiduciary Duty Insurance Industry Life Insurance Money Judgment Popular Retained Asset Accounts Reversal Self-Dealing

Basic Is Dying a Slow Death: The Supreme Court Upholds the Fraud-on-the-Market Presumption in Halliburton but Allows Rebuttal

Given the opportunity to overrule its landmark 1988 decision in Basic v. Levinson, in which it created the fraud-on-the-market presumption, the Supreme Court declined. The Court found in its decision this week in Halliburton...more

6/27/2014 - Basic v Levinson Class Action Class Certification Fraud Fraud-on-the-Market Halliburton Halliburton v Erica P. John Fund SCOTUS Securities Fraud

Halliburton Redux: Will Fraud-on-the-Market Survive?

On November 15th, the U.S. Supreme Court granted certiorari in the Halliburton case… again. While the Court’s original Halliburton decision concerned whether loss causation needs to be shown at the class certification stage...more

11/25/2013 - Fraud Fraud-on-the-Market Halliburton

Basic Is Anything But: Courts Continue to Wrangle with the Fraud-on-the-Market Presumption

It has been 25 years since the Supreme Court announced the fraud-on-the-market presumption of reliance in Basic Inc. v. Levinson, 485 U.S. 224 (1988). Yet many courts, including the Supreme Court itself, continue to struggle...more

10/1/2013 - Amgen Amgen Inc. v Connecticut Retirement Plans Class Action Class Certification Fraud-on-the-Market Halliburton Loss Causation SCOTUS Securities Exchange Act Securities Fraud

Seventh Circuit Says “Smallness” Is Not a Bar to Class Certification

In what it describes as an effort to advance the law of class certification, the Seventh Circuit last week issued a decision, written by Judge Posner, that many would say does just the opposite. ...more

9/18/2013 - ATMs Class Action Class Certification EFTA Fees Rule 23

Supreme Court to Consider CAFA’s Reach to Attorney General Suits

The U.S. Supreme Court recently decided The Standard Fire Insurance Co. v. Knowles , a case that dealt with the extent to which plaintiffs can avoid federal jurisdiction under the Class Action Fairness Act of 2005 (“CAFA”) by...more

6/4/2013 - CAFA Class Action Parens Patriae Punitive Damages SCOTUS

Supreme Court Rejects Efforts to Avoid CAFA Jurisdiction

Editors’ Note: This post is a joint submission to this blog and In The Standard Fire Insurance Co.v. Knowles, No. 11-1450, a unanimous decision yesterday written by Justice Breyer, the Supreme...more

3/20/2013 - Amount in Controversy CAFA Class Action Damages Jurisdiction SCOTUS

Supreme Court Hears AMEX Class Arbitration Case

Editors’ Note: This post was originally published at, and is reprinted with permission. The Supreme Court recently heard argument in American Express Co. v. Italian Colors Restaurant, No. 12-133....more

3/15/2013 - American Express American Express v Italian Colors Restaurant Arbitration Arbitration Agreements Class Action Class Action Arbitration Waivers Federal Arbitration Act SCOTUS Sherman Act

A Big Week for the Securities Bar: Amgen and Gabelli

The Supreme Court last week issued two opinions of major importance to the securities bar. In Amgen Inc. v. Connecticut Retirement Plans & Trust Funds, 568 U.S. (2013), the court held that no proof of materiality was required...more


Amgen Argument Points Up Split in Supreme Court on Class Certification Versus Merits Issues

On November 5, 2012, the U.S. Supreme Court heard argument in Amgen, Inc. v. Connecticut Retirement Plans and Trust Funds, No. 1085, a securities class action, that concerned the ongoing question of what evidence is required...more

11/30/2012 - Class Action Class Certification Fraud Securities Split of Authority

12 Results
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.