Will Halliburton Restore Parity To Securities Litigation?
December 2, 2013, 4:04 PM EST
Law360, New York (December 2, 2013, 4:04 PM EST) -- On March 5, 2014, the U.S. Supreme Court will hear arguments and determine by the end of June thereafter the case of Halliburton Co. v. Erica P. John Fund (for a second time). In the interim, the grant of certiorari set off a spate of impassioned commentary about the potential for the decision to effect a dramatic change in the conduct — perhaps even the ongoing viability — of class action securities litigation.
Given the significant economic impact of securities fraud class action litigation — with $2.9 billion in securities class...