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Roundtable-Securities

Feb. 1, 2011

Securities

A slate of high-profile securities class action cases before the U.S. Supreme Court addresses legal issues that promise to have notable ripple effects on future litigation. Erica P. John Fund, Inc. v. Halliburton Co. (_S.Ct._, 2011 WL 47984 (U.S. Jan 7, 2011) (No. 09-1403)), examines whether plaintiffs in securities fraud actions must, in addition to a rebuttable presumption of fraud on the market, establish loss causation at the class certification stage. Me...

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