How the Supreme Court’s Upcoming Halliburton Decision on the Fraud-on-the-Market Presumption May Impact Securities Litigation
(April 2, 2014)
Will the U.S. Supreme Court determine that the fraud-on-the-market presumption should be overruled or modified?
Industry experts Ivan Dolowich, Managing Partner of Kaufman Dolowich & Voluck, LLP, and Frederick Zauderer, Senior Vice President – Claims Manager at AXIS Insurance, opine that the Supreme Court’s upcoming decision on the fraud-on-market presumption could make it more challenging for securities plaintiffs to obtain class certification.
No one will know for sure what the impact will be on securities class action lawsuits and D&O Liability until the decision. To learn more about the Halliburton case and potential implications of this impending decision, please click below to read the full analysis.