Litigation

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Erica P. John Fund, Inc v. Halliburton Co. Securities Class Action: Loss Causation And Class Certification
Posted on 25 Jan 2011 by Thomas O. Gorman

In Halliburton , the Supreme Court is deciding "Whether, in a private action under Section 10(b) of the Securities Exchange Act of 1934 . . . a plaintiff who invokes the fraud-on-the market presumption of reliance must prove loss causation in order... Read More

Merck & Co. v. Reynolds: Time Runs Out For Inquiry Notice
Posted on 22 Jul 2010 by LexisNexis Litigation Resource Community Staff

by Michele Rose, Christian Ward, and Lisa Perez Excerpt: In Merck & Co. v. Reynolds , 130 S. Ct. 1784, 2010 U.S. LEXIS 3671, (2010), the Supreme Court unanimously rejected the inquiry notice standard numerous circuits applied in determining when... Read More