- Category
- Client Alerts
- Date
- Nov. 20, 2013
- Title
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Securities Litigation Alert: Supreme Court Grants Certiorari to Address "Fraud on the Market" Presumption in Securities Class Actions
On November 15, in a much-anticipated move, the Supreme Court granted certiorari in Halliburton Co. v. Erica P. John Fund, Inc., No. 13-317, to reexamine the "fraud on the market" doctrine -- a central tool for securities fraud class action plaintiffs that the Court first articulated more than a quarter century ago in Basic Inc. v. Levinson, 485 U.S. 224 (1988).
Media Attachments
Related People
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Arthur H. Aufses III
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- Counsel
- Co-author
- New York
- vcard
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Alan R. Friedman
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- Counsel
- Co-author
- New York
- vcard
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