November 22, 2013

On November 15, 2013, the U.S. Supreme Court agreed to hear a case that could herald a dramatic change in securities class action litigation.

The case will give the justices an opportunity to re-appraise a 25-year-old precedent, Basic v. Levinson, that made it easier for securities class action cases to be certified.

Please click on the link below to learn our views on the potential implications of the Supreme Court’s review of fraud-on-the-market theory:

Halliburton II – Predicting Implications for Securities Fraud Litigation