Erica P. John Fund, Inc. v. Halliburton Co.
2011 United States Supreme Court case / From Wikipedia, the free encyclopedia
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Erica P. John Fund, Inc. v. Halliburton Co., 563 U.S. 804 (2011), was a United States Supreme Court case in which the Court held that "securities fraud plaintiffs need not prove loss causation in order to obtain class certification."[1] Their decision cleared the way for class action to proceed against Halliburton over its alleged misrepresentation of facts material to the value of its stock price.[2]
Quick Facts Erica P. John Fund, Inc. v. Halliburton Co., Argued April 25, 2011 Decided June 6, 2011 ...
Erica P. John Fund, Inc. v. Halliburton Co. | |
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Argued April 25, 2011 Decided June 6, 2011 | |
Full case name | Erica P. John Fund, Inc., fka Archdiocese of Milwaukee Supporting Fund, Inc., Petitioner v. Halliburton Co., et al. |
Docket no. | 09-1403 |
Citations | 563 U.S. 804 (more) 131 S. Ct. 2179; 180 L. Ed. 2d 24 |
Argument | Oral argument |
Opinion announcement | Opinion announcement |
Holding | |
Securities fraud plaintiffs need not prove loss causation in order to obtain class certification. | |
Court membership | |
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Case opinion | |
Majority | Roberts, joined by unanimous |
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