Supreme Court To Rule on Fraud on the Market: Halliburton v. Erica P. John Fund

Litigation and Corporations, Securities & Antitrust Practice Groups Courthouse Steps Teleforum

On March 5, 2014, the Supreme Court hears oral argument in Halliburton v. Erica P. John Fund, and our expert will attend and then report 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

On March 5, 2014, the Supreme Court hears oral argument in Halliburton v. Erica P. John Fund, and our expert will attend and then report 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

Call begins at 3:00 p.m. Eastern Time.

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