December 15, 2015
A class of investors claiming securities fraud against Halliburton urged a Texas federal judge on Tuesday to compel the oil field services giant to hand over documents pertaining to confidential settlement agreements in asbestos litigation, saying the documents could prove the company understated its liability.
November 25, 2015
A Texas federal court Tuesday denied Halliburton Co.'s request to stay proceedings pending a Fifth Circuit appeal of an order certifying an investor class action that's made two trips to the U.S. Supreme Court, saying the delay would prejudice investor claims that have been pending since 2002.
October 21, 2015
Halliburton told a Texas federal judge Tuesday that investors in a securities fraud case on remand from the U.S. Supreme Court already have enough information about the company's asbestos-related communications with lawyers and shouldn't be allowed to get more through "harassing" discovery demands.
July 27, 2015
A Texas federal court on Monday granted class certification in part to investors suing Halliburton Co. in the landmark case that had made two trips to the U.S. Supreme Court.
June 22, 2015
Although it has been a year since the Supreme Court in Halliburton gave securities class action defendants the ability to rebut the presumption of reliance at the class certification stage, litigators across the country are still waiting to see the full effects of the ruling as it percolates through the lower courts, keeping their eye on a few cases that might provide the best answers.
January 02, 2015
The year 2015 is set to be a tumultuous one for the securities bar, with the U.S. Supreme Court weighing in on the limits of liability for opinions in public offering documents, federal securities regulators bringing more cases in-house, and long-standing legal fights over insider trading and statutes of repose continuing to simmer while they wait to be resolved once and for all.
December 03, 2014
The Texas federal judge overseeing the long-running securities class action against Halliburton Co. this week found herself faced with a difficult choice that will likely influence how other courts weigh the "price impact" studies allowed under a related U.S. Supreme Court decision rendered this summer.
December 01, 2014
Halliburton Co. on Monday urged a Texas federal judge to dump a putative class action alleging it artificially inflated its stock price by issuing misstatements about its financial liability for asbestos claims, saying there's no evidence the statements at issue had an actual impact on the stock price.
November 20, 2014
Attorneys for Halliburton Co. asked a Texas federal judge on Thursday to strike expert economic testimony offered by the plaintiffs in a landmark class action claiming the company had artificially inflated its stock price by issuing misstatements, arguing the expert's opinions are "unsystematic" and "unreliable."
November 04, 2014
A Texas federal judge on Tuesday denied Halliburton Co.'s request to unfile a motion by plaintiffs in a landmark class action seeking to strike an expert witness report claiming a precipitous 2001 stock drop can't be linked to the company's statements about its exposure to asbestos litigation.