U.S. Supreme Court,
Securities
Mar. 19, 2018
Searching for fraud on the market
The questions raised by Barclays' petition for certiorari require answers to clarify the application of the fraud-on-the-market theory in securities class action litigation.
Thomas A. Zaccaro
Senior Counsel
Hueston Hennigan LLP
Phone: (213) 788-4039
Email: tzaccaro@hueston.com
Boston College Law School
Thomas is a partner in the firm's Litigation Department. He served as regional trial counsel in the SEC's Los Angeles office.
Nicolas Morgan
Partner
Paul Hastings LLP
Phone: (213) 683-6181
Email: nicolasmorgan@paulhastings.com
Nicolas is a partner in the firm's Litigation Department. He served as senior trial counsel in the SEC's Los Angeles office.
D. Scott Carlton
Of Counsel
Paul Hastings LLP
515 S Flower St
Los Angeles , CA 90071
Phone: 213-683-6113
Nicole D. Lueddeke
Associate
Paul Hastings LLP
Phone: 213-683-6116
The controversial fraud-on-the-market doctrine continues to create discord amongst courts and economists alike. On Feb. 2, the doctrine was thrust back into the limelight when Barclays PLC asked the U.S. Supreme Court to review the 2nd U.S. Circuit Court of Appeals' decision in Waggoner v. Barclays PLC, 16-1912 (Nov. 6, 2017). The 2nd Circuit's decision affirmed class certification in a securities class action in which plaintiffs relied on ...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In