Posts tagged "plaintiffs"

Justices Consider Overturning Landmark Securities Ruling

fraudonthemarketLast week, the Supreme Court heard oral arguments in Halliburton Co. v. Erica P. John Fund, Inc. In the class action suit, Halliburton shareholders allege that the company falsified its financial records and misled investors about its exposure to asbestos claims, among other charges. And once the facts came to light, investors allege, the value of their …

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Federal Rules of Civil Procedure – The Debate Heats Up

FRCP4Last Saturday, the U.S. government closed public comments to the proposed amendments to the Federal Rules of Civil Procedure. The proposed changes,  which were introduced to help speed up the pretrial litigation process, have been the subject of heated debate between the plaintiffs’ and defendants’ bars.

The two most controversial …

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