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Supreme Court of the United States Amgen Inc. v Connecticut Retirement Plans Halliburton

The United States Supreme Court is the highest court of the United States and is charged with interpreting federal law, including the United States Constitution. The Court's docket is largely discretionary... more +
The United States Supreme Court is the highest court of the United States and is charged with interpreting federal law, including the United States Constitution. The Court's docket is largely discretionary with only a limited number of cases granted review each term.  The Court is comprised of one chief justice and eight associate justices, who are nominated by the President and confirmed by the Senate to hold lifetime positions. less -
BakerHostetler

Securities Class Action Filings Up In 2013, But Could The Supreme Court Burst Their Bubble In 2014?

BakerHostetler on

Last week, NERA Economic Consulting released its annual report, “Recent Trends in Securities Class Action Litigation: 2013 Full-Year Review.” The report showed that in 2013, there were increases in both the number of federal...more

Latham & Watkins LLP

Not So Basic Supreme Court to Revisit the Fraud-­on-­the Market Presumption of Reliance

Latham & Watkins LLP on

Parties to pending securities fraud class actions may adjust litigation strategies, even before the Court revisits Basic’s presumption of investor reliance. On Friday, November 15, 2013, the Supreme Court granted...more

BakerHostetler

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

BakerHostetler on

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

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