|
gptkbp:instanceOf
|
gptkb:United_States_Supreme_Court_case
|
|
gptkbp:citation
|
gptkb:485_U.S._224
gptkb:Amgen_Inc._v._Connecticut_Retirement_Plans_and_Trust_Funds
gptkb:Halliburton_Co._v._Erica_P._John_Fund,_Inc.
|
|
gptkbp:concurringOpinionBy
|
gptkb:Justice_White
|
|
gptkbp:country
|
gptkb:United_States
|
|
gptkbp:date
|
1988-03-07
|
|
gptkbp:decidedBy
|
gptkb:Supreme_Court_of_the_United_States
|
|
gptkbp:designer
|
Sixth Circuit decision
|
|
gptkbp:dissentingOpinionBy
|
gptkb:Justice_Rehnquist
gptkb:Justice_Scalia
|
|
gptkbp:docketNumber
|
86-279
|
|
gptkbp:fullName
|
gptkb:Basic_Incorporated,_et_al._v._Max_L._Levinson,_et_al.
|
|
gptkbp:heldBy
|
The fraud-on-the-market theory may be used to prove reliance in securities fraud class actions under Rule 10b-5.
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Basic Inc. v. Levinson
|
|
gptkbp:impact
|
Established the presumption of reliance in securities fraud class actions.
|
|
gptkbp:joinedBy
|
gptkb:Justice_Stevens
gptkb:Justice_O'Connor
gptkb:Justice_Brennan
gptkb:Justice_Marshall
gptkb:Justice_White
|
|
gptkbp:legalSubject
|
gptkb:Rule_10b-5
securities fraud
fraud-on-the-market theory
|
|
gptkbp:majorityOpinionBy
|
gptkb:Justice_Blackmun
|
|
gptkbp:originatedIn
|
gptkb:United_States_Court_of_Appeals_for_the_Sixth_Circuit
|
|
gptkbp:relatedLegislation
|
gptkb:Securities_Exchange_Act_of_1934
gptkb:Rule_10b-5
|
|
gptkbp:subject
|
publicly traded securities
corporate merger negotiations
materiality of information in securities fraud
|
|
gptkbp:bfsParent
|
gptkb:Rule_10b-5
gptkb:United_States_securities_law
|
|
gptkbp:bfsLayer
|
6
|