Basic’s Last Stand? Respondents and Their Allies Fight for the Fraud-on-the-Market Presumption
By EsqSocial Corporation 20/02/14
The fraud-on-the-market presumption of reliance will not go down without a fight in Halliburton v. Erica P. John Fund (No. 13-317), a Supreme Court case that may reshape securities litigation for years to come. At issue, according to Respondents, is...
By: Akin Gump Strauss Hauer & Feld LLP