Search Results for: halliburton

The U.S. Supreme Court has issued a decision in the Halliburton case holding that defendants can rebut the fraud-on-the-market presumption of reliance at the class certification stage with evidence of a lack of stock price impact. It is a 9-0 … Continue reading →

On Wednesday, the U.S. Supreme Court heard oral argument in the Halliburton v. Erica P. John Fund case, which brings into question the continued viability of the fraud-on-the-market presumption of reliance. The fraud-on-the-market presumption is crucial to pursuing a securities … Continue reading →

The Halliburton case in the U.S. Supreme Court is moving quickly, with oral argument scheduled for March 5, 2014. At issue, at least potentially, is the continued viability of the fraud-on-the-market presumption of reliance. The presumption was judicially created by … Continue reading →

The U.S. Supreme Court has granted certiorari in Halliburton v. Erica P. John Fund, setting up what could be the most important securities litigation decision in the last twenty-five years. At issue is the continued validity of the fraud-on-the market-theory, … Continue reading →

As predicted, the U.S. Supreme Court has issued a narrow decision in the Halliburton case rejecting the Fifth Circuit’s requirement that securities fraud plaintiffs must prove loss causation to obtain class certification. The unanimous (and short) opinion authored by Chief … Continue reading →

Oral argument took place in the Halliburton case earlier this week. The case addresses whether the Fifth Circuit’s requirement that plaintiffs establish loss causation at the class certification stage of a case exceeds what is required by Federal Rule of … Continue reading →

One of the very first posts on this blog, way back in May 2003, was about the Halliburton securities class action settlement. Who knew what was to come? The judge recused himself, the settlement was eventually rejected, the lead plaintiff … Continue reading →