The U.S. Supreme Court heard oral arguments in Halliburton Co v. Erica P. John Fund, Inc. last week, the case in which the Court has the opportunity to reverse or limit the 26-year old fraud-on-the-market doctrine[...]
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Tag: Fraud on Market
Following the U.S. Supreme Court’s decision to take up the “fraud-on-the-market” theory underpinning most securities fraud class actions, the Wall Street Journal has examined whether these class actions are likely to become. The case could reshape[...]