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Home / Opinion / 09-1403 Erica P. John Fund, Inc. v. Halliburton Co.

09-1403 Erica P. John Fund, Inc. v. Halliburton Co.

Securities Securities fraud; class actions; loss causation Securities fraud plaintiffs need not prove loss causation in order to obtain class certification. It is undisputed that securities fraud plaintiffs must prove certain  things in order to invoke Basic ’s rebuttable presumption of reliance. According  to the Court of Appeals, EPJ Fund had to prove the separate element of loss  ...

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