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 …
U.S. Supreme Court justices sought a middle ground to preserve class-action shareholder lawsuits as they heard a case testing the legal rules that have fostered thousands of cases over the past quarter century. Hearing arguments yesterday in Washington, the justices …
A quarter-century after the U.S. Supreme Court opened the era of class action shareholder litigation, the justices may be poised to shut it down. The court will hear arguments March 5 on a Halliburton Co. appeal targeting the legal doctrine …
The U.S. Supreme Court on Monday is set to hear arguments in a case that could dramatically raise the bar for shareholders seeking to file class-action lawsuits against public companies. The issue is especially timely, because dozens of shareholder class …
