The plaintiffs-appellees seek to recover damages from defendants-appellants for alleged securities fraud under Securities Exchange Act of 1934 §10(b). Price impact fraud-on-the-market rebuttal evidence should not be addressed at class certification. The district court's order is affirmed. 5th U.S. Circuit Court of Appeals, No. 12-10544, 04-30-2013.
Erica P. John Fund Inc. v. Halliburton Co.
May 3, 2013