Stephen Warren

Stephen Warren

Holland & Knight LLP

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U.S. Supreme Court to Reconsider "Fraud-on-the-Market" Presumption in Securities Fraud Class Actions

On November 15, 2013, the U.S. Supreme Court announced that it would revisit the "fraud-on-the-market" presumption that it adopted 25 years ago, which substantially expanded securities fraud class actions. The appeal in which...more

12/17/2013 - Amgen Class Action Class Certification Fraud-on-the-Market Halliburton Misrepresentation SCOTUS Securities Fraud Securities Litigation

Delaware Chancery Court Dismisses Class Action Lawsuit Over Sale of Warehouse Club

On January 31, 2013, the Delaware Chancery Court dismissed a shareholder class action in which the plaintiffs alleged that the directors of a warehouse club retailer had breached their fiduciary duties by agreeing to a buyout...more

2/12/2013 - Board of Directors Class Action Duty of Loyalty Fiduciary Duty Shareholders

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