Litigation

Recent Posts

James M. Wilson Jr. On Securities Class Actions - Analysis Of The Supreme Court's Decision In Erica P. John Fund, Inc. v. Halliburton Co.
Posted on 27 Jun 2011 by James M. Wilson, Jr.

Excerpt: Introduction: On June 6, 2011, the Supreme Court unanimously rejected the Fifth Circuit Court of Appeal's requirement that plaintiffs in securities class actions prove "loss causation" at the class certification stage of the case... Read More

Tags: Supreme Court , Halliburton , directors & officers , Erica P. John Fund v. Halliburton , Zicam , statistically significant , Matrixx Initiatives , Litigation , securities class action , Securities Exchange Act , materiality requirement

High Court Rejects 'Statistical Significance' Requirement For Securities Lawsuit Materiality
Posted on 24 Mar 2011 by Kevin M. LaCroix

In a unanimous March 22, 2011 opinion by Justice Sonia Sotomayor , the U.S. Supreme Court rejected the argument of Matrixx Initiatives that adverse product reports must be "statistically significant" in order for a manufacturer to have an obligation... Read More

Tags: Kevin LaCroix , directors & officers , Zicam , statistically significant , class action , Matrixx Initiatives , Litigation , lawsuit , D&O Diary , materiality requirement , Securities