Supreme Court To Rule on Fraud on the Market: Halliburton v. Erica P. John Fund - Podcast
Litigation and Corporations, Securities & Antitrust Practice Groups Podcast
| Sponsors: | Corporations, Securities & Antitrust Practice Group, Litigation Practice Group |
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On March 5, 2014, the Supreme Court heard oral argument in Halliburton v. Erica P. John Fund, and our expert attended and then reported on the argument. Will the Court continue to recognize the fraud on the market theory? How much reliance is required on the part of the plaintiffs? Will the Court allow introduction of evidence that a defendant’s statements did not affect the price of its stock to rebut a presumption of reliance?
Featuring:
- Jeffrey B. Wall, Special Counsel, Sullivan & Cromwell LLP
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