Halliburton Securities Class OK'd To Continue Discovery

Law360, Dallas (December 3, 2013, 4:08 PM EST) -- A Texas federal judge on Tuesday said discovery in a securities fraud class action against Halliburton Co. would continue while the U.S. Supreme Court debates whether to overturn controlling precedent governing investors’ reliance on material misstatements.

U.S. District Judge Barbara M.G. Lynn granted a motion to compel filed by Erica P. John Fund Inc., which argued Halliburton has been slow to turn over documents and wrongly attempted to withhold information about several projects the oil company said fall outside the class claims, which contend the energy...
To view the full article, register now.