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Halliburton Rule 10(b)

Bennett Jones LLP

U.S. Supreme Court Upholds Fraud on the Market Theory in Securities Class Actions

Bennett Jones LLP on

A much-anticipated decision of the U.S. Supreme Court, Halliburton Co. v. Erica P. John Fund, Inc. was released on June 23, 2014. While the Supreme Court upheld the "fraud on the market" presumption of reliance which has made...more

Snell & Wilmer

Supreme Court To Reconsider Theory Underlying Modern Securities Class Actions

Snell & Wilmer on

Last month, the Supreme Court agreed to reconsider the “fraud-on-the-market” presumption, an underpinning of class-action securities litigation for the last 25 years. The Court’s decision to grant certiorari in Halliburton...more

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