U.S. Supreme Court
Jun. 25, 2014
Securities lawyers debate impact of high court ruling on investor class actions
The U.S. Supreme Court on Monday gave companies an extra tool to fight class certification in investor lawsuits without overturning precedent that would have severely slowed securities class actions.
Daily Journal Staff Writer
The Supreme Court on Monday gave companies an extra tool to fight class certification in investor lawsuits without overturning precedent that would have severely slowed securities class actions.
Oil giant Halliburton Co. was attempting to limit investor class actions by challenging the "fraud on the market" theory established by the U.S. Supreme Court in 1998 in Basic Inc. v. Levinson<...
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