Will The Supreme Court Nullify Rule 23?

Law360, New York (March 19, 2014, 10:39 PM EDT) -- The U.S. Supreme Court held argument last week in perhaps the greatest challenge for the enforcement of statutory rights through Rule 23 before the high court in decades in Halliburton Co. v. Erica P. John Fund Inc. (2013). Instant analysis was published, however a reflective period has not passed. 

Halliburton challenges the country in a fundamental way. Hanging in the balance is whether the Supreme Court allows U.S. securities law to be privately enforced through the mechanism of class actions under Rule 23 of the Federal...
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