Applying the Supreme Court’s landmark decision in Halliburton Co. v. Erica P. John Fund, Inc., 134 S. Ct. 2398 (2014) (“Halliburton II”), which allowed companies facing securities fraud class actions to defeat certification...more
8/3/2015
/ Asbestos ,
Basic v Levinson ,
Class Action ,
Class Certification ,
Construction Industry ,
Financial Markets ,
Fraud-on-the-Market ,
Halliburton ,
Halliburton v Erica P. John Fund ,
Loss Causation ,
Putative Class Actions ,
SCOTUS ,
Securities Fraud ,
Stock Drop Litigation ,
Stocks
On March 30, 2015, the U.S. District Court for the Southern District of New York dismissed claims in a putative class action against New York-based hedge fund manager Philip A. Falcone (“Falcone”), his advisory firm Harbinger...more