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John v. Halliburton Co.

U.S.
Jan 7, 2011
562 U.S. 1127 (2011)
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Summary

In Halliburton, the Fifth Circuit held that, before a plaintiff can rely on the Basic presumption to obtain class certification, the plaintiff must "establish loss causation" — that is, "that the complained-of misrepresentation or omission materially affected the market price of the security."

Summary of this case from Sergeants Benevolent Association v. Lilly
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Opinion

No. 09–1403.

01-07-2011

ERICA P. JOHN FUND, INC., fka Archdiocese of Milwaukee Supporting Fund, Inc., petitioner, v. HALLIBURTON CO. et al.

Petition for writ of certiorari to the United States Court of Appeals for the Fifth Circuit granted.

Summaries of

John v. Halliburton Co.

U.S.
Jan 7, 2011
562 U.S. 1127 (2011)

In Halliburton, the Fifth Circuit held that, before a plaintiff can rely on the Basic presumption to obtain class certification, the plaintiff must "establish loss causation" — that is, "that the complained-of misrepresentation or omission materially affected the market price of the security."

Summary of this case from Sergeants Benevolent Association v. Lilly
Case details for

John v. Halliburton Co.

Case Details

Full title:ERICA P. JOHN FUND, INC. v. HALLIBURTON CO., ET AL

Court:U.S.

Date published: Jan 7, 2011

Citations

562 U.S. 1127 (2011)
131 S. Ct. 856
178 L. Ed. 2d 622

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