On June 21, 2021, the Supreme Court issued an opinion by Justice Barrett on the reliance element of a securities fraud claim. In a unanimous portion of her opinion (the “Decision”), Justice Barrett held that courts may...more
2/25/2022
/ Basic v Levinson ,
Burden of Proof ,
Class Certification ,
Federal Rules of Civil Procedure ,
FRCP Rule 23(b)(2) ,
Material Misrepresentation ,
Misrepresentation ,
Presumption of Reliance ,
Private Right of Action ,
SCOTUS ,
Securities Litigation