Supreme Court securities class actions News

Timeliness of Securities Class Actions Under Supreme Court Scrutiny

The U.S. Supreme Court last Friday agreed to resolve a legal dispute over whether certain securities class action lawsuits can be barred because they were filed too late. The justices agreed to hear an appeal filed by the California Public …

Supreme Court Omnicare Ruling Addresses Company Opinion Statements

The U.S. Supreme Court Tuesday issued a decision that will affect the landscape for securities class actions. In the unanimous ruling, which focused on opinions expressed in documents filed with the U.S. Securities and Exchange Commission, the high court said …

Supreme Court Sides with Halliburton in Securities Class Action Certification Case

The U.S. Supreme Court on Monday imposed new curbs on securities class action lawsuits filed by investors against publicly traded companies while declining to overturn a key precedent that favors plaintiffs in such cases. The court held on a 9-0 …

Supreme Court Justices Signal Compromise on Securities Class Actions

U.S. Supreme Court justices on Wednesday appeared to look for a compromise that would give publicly traded companies better defenses against securities class actions without overruling a 26-year-old precedent that made it easier for plaintiffs to negotiate large settlements. During …