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High Court's Halliburton Ruling Finally Shows Its Teeth

Law360, New York (July 27, 2015, 8:26 PM EDT) -- After initially falling flat, the U.S. Supreme Court's June 2014 Halliburton ruling finally flexed some muscle Monday, forming the basis of a Texas district judge’s decision to limit class certification in the same case that twice wound its way to the high court.

In a lengthy and highly technical memorandum, District Judge Barbara G. Lynn denied the plaintiffs’ request for certification on five out of six alleged corrective disclosures, ruling they could move forward only on claims relating to Halliburton’s Dec. 7, 2001, announcement that a...
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