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Expert Analysis

Further Thinking On Halliburton

Law360, New York (December 18, 2013, 8:31 PM EST) -- On Friday, Nov. 15, 2013, the United States Supreme Court granted the petition for a writ of certiorari in the long-running Halliburton case. Halliburton Co. v. Erica P. John Fund Inc., No. 13-317, 82 U.S.L.W. 3119, 2013 U.S. LEXIS 8154 (Nov. 15, 2013). The Supreme Court has grabbed the handle of an opportunity to pull up from the U.S. Court of Appeals for the Fifth Circuit the issue of whether the fraud-on-the-market presumption should continue to operate in securities cases. Erica P. John Fund Inc. v. Halliburton Co., 718 F.3d 423 (5th Cir. 2013)....

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