Mark Kornfeld

Mark Kornfeld

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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
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