Editor's Note: Although a shareholder cause of action for fraud on the market is a civil claim, it is one that often follows criminal claims brought against a corporation and/or its officers or employees.
Supreme Court Hears Challenge to Fraud-on-the-Market Presumption in Securities Fraud Litigation
Although a shareholder cause of action for fraud on the market is a civil claim, it is one that often follows criminal claims brought against a corporation and/or its officers or employees. Therefore, the outcome in the U.S. Supreme Court case, <I>Halliburton v. Erica P. John Fund</I>, discussed herein, should be of interest to attorneys concentrating their practices in the field of business crimes.
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