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Securities › Class Certification › Presumption of Reliance

Williams Mullen

Defeating Class Certification: Halliburton II Ruling Impacts Securities Class Action Issues

Williams Mullen on

In its June 23, 2014 opinion in Halliburton Co. v. Erica P. John Fund, Inc. (“Halliburton II”), the United States Supreme Court addressed two securities class action issues: 1. It affirmed the validity of the...more

Dorsey & Whitney LLP

This Week In Securities Litigation (Week ending June 27, 2014)

Dorsey & Whitney LLP on

The Supreme Court handed down its much anticipated decision in Halliburton. While the Court declined to overrule Basic and its presumption of reliance based on the fraud-on-the-market theory, it did alter existing practice....more

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