Supreme Court to Revisit the Fraud-on-the-Market Presumption of Reliance in Securities Fraud Case
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…
Download PDF
(first published in AAJ’s Class Action Litigation Groups Newsletter, Winter 2014)