Traversing the Post-‘Halliburton’ Landscape
January 12, 2015
This article addresses the lower courts’ application of the Supreme Court’s recent class action securities decision in Halliburton Co. v. Erica P. John Fund, Inc., 134S.Ct. 2398, 2412 (2014), which permits defendants to rebut fraud-on-the-market reliance at the class certification stage. The article also provides securities litigators with the lay of the land post-Halliburton.