observers had expected, the U.S. Supreme Court has reversed the Fifth
Circuit's opinion in the Halliburton case. In a brief June 6, 2011 opinion from
Chief Justice John
Roberts , writing for a unanimous court, the Court held that securities
class action lawsuit plaintiffs do not need...
Plaintiffs in a securities class action are not required
to prove loss causation as part of the class certification process, the Supreme
Court held in a unanimous decision handed down on Monday. Erica P. Hon Fund,
Inc. v. Halliburton Co., No. 09-1403 (Decided June 6, 2011) [ the enhanced version of...