Articles

Supreme Court to Revisit the Fraud-on-the-Market Presumption of Reliance in Securities Fraud Case

Michael J. Barry and Adam J. Levitt

In November 2013, the United States Supreme Court agreed to hear a corporate defendant’s sweeping challenge to the fraud-on-the-market presumption of reliance in securities fraud cases. Reliance is a necessary element of a securities fraud claim…
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(first published in AAJ’s Class Action Litigation Groups Newsletter, Winter 2014)


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