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Erica P. John Fund v. Halliburton: What is the Basic Presumption Worth?

Excerpt: Erica P. John Fund, Inc. v. Halliburton Co, No. 09-1403 has the potential to rewrite the standards for certifying a class in securities fraud actions. The High Court heard argument on April 25, 2011 and should hand down its decision prior to the end of the term in June. The issue the Court...