Halliburton Co. v. Erica P. John Fund, Inc.
GPTKB entity
Statements (62)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:legal_case
|
| gptkbp:bfsLayer |
5
|
| gptkbp:bfsParent |
gptkb:Rule_10b-5
|
| gptkbp:area |
securities law
|
| gptkbp:case_types |
13-317
|
| gptkbp:consequences |
influenced future securities cases
|
| gptkbp:court |
gptkb:legal_case
appellate court |
| gptkbp:decided_by |
gptkb:legal_case
|
| gptkbp:effective_date |
June 23, 2014
|
| gptkbp:has_impact_on |
class action certification process
|
| https://www.w3.org/2000/01/rdf-schema#label |
Halliburton Co. v. Erica P. John Fund, Inc.
|
| gptkbp:impact |
investor protection
|
| gptkbp:is_involved_in |
gptkb:Erica_P._John_Fund,_Inc.
gptkb:Halliburton_Company |
| gptkbp:is_standardized_by |
materiality standard
class action requirements |
| gptkbp:judging_criteria |
5-4 decision
|
| gptkbp:legal_issue |
class certification standards
materiality of misstatements reliance on market price |
| gptkbp:legislation |
gptkb:award
regulatory compliance corporate governance financial accountability market integrity shareholder rights financial disclosures market efficiency litigation strategy securities fraud class action lawsuits corporate accountability financial market regulation investor protection laws class action certification investor claims disclosure obligations court rulings on securities cases economic theory of securities markets fraud-on-the-market theory investor class actions investor litigation rights investor reliance judicial interpretation of securities law judicial review of class actions material misrepresentation price impact |
| gptkbp:notable_event |
Goldman Sachs Group, Inc. v. Arkansas Teacher Retirement System
Amgen Inc. v. Connecticut Retirement Plans and Trust Funds |
| gptkbp:outcome |
reversed lower court ruling
decision in favor of Halliburton reaffirmed Basic's presumption of reliance |
| gptkbp:precedent |
gptkb:Basic_Inc._v._Levinson
subsequent securities litigation |
| gptkbp:public_perception |
gptkb:Justice_Kennedy
gptkb:Justice_Ginsburg gptkb:Justice_Breyer |
| gptkbp:related_to |
fraud-on-the-market theory
|
| gptkbp:significance |
impact on class action lawsuits
|
| gptkbp:sound |
March 5, 2014
|
| gptkbp:year |
gptkb:2014
|