Trends in Securities Class Action Filings

Next month the Supreme Court will hear argument in Halliburton Co. v. Erica P. John Fund, Inc., No. 13-317 for the second time. The first time the High Court held that a securities law plaintiff need not establish loss causation at the class certification stage. This time the Court will consider an issue...

U.S. Supreme Court to Hear Appeal In Omnicare Securities Class Action Lawsuit

WASHINGTON, D.C. — (Mealey’s) The U.S. Supreme Court today agreed to hear an appeal in a securities class action lawsuit, challenging whether a shareholder may allege only that a statement of opinion was objectively wrong under Section 11 of the Securities Act of 1933 or must the shareholder...

Halliburton and The Future of Securities Class Actions: Part I

On Wednesday, March 5, 2014 the Supreme Court will hear argument in Halliburton Co. v. Erica P. John Fund, Inc., No. 13-317 [ an enhanced version of the Fifth Circuit opinion appealed from is available to lexis.com subscribers ] . The case has the potential to rewrite the rules for how securities class...

Halliburton And the Future of Securities Class Actions: Part II

On Wednesday, March 5, 2014 the Supreme Court will hear argument in Halliburton Co. v. Erica P. John Fund, Inc., No. 13-317 [ an enhanced version of the Fifth Circuit opinion appealed from is available to lexis.com subscribers ] . The case has the potential to rewrite the rules for how securities class...