n Singh v. Cigna Corp., No. 17-3484-cv, 2019 U.S. App. LEXIS 6637 (2d Cir. Mar. 5, 2019), the United States Court of Appeals for the Second Circuit affirmed the dismissal of a class action complaint that purported to base a...more
3/13/2019
/ Material Misstatements ,
Medicare ,
Policies and Procedures ,
Puffery ,
Regulatory Requirements ,
Rule 10b-5 ,
Scienter ,
Securities Exchange Act ,
Securities Fraud ,
Securities Litigation ,
Stock Drop Litigation
In IBEW Local 98 Pension Fund v. Best Buy Co., Inc., No. 14-3178 (8th Cir. Apr. 12, 2016), the United States Court of Appeals for the Eighth Circuit held, in a Rule 10b-5 securities fraud action, that the district court...more
5/9/2016
/ Best Buy ,
Class Action ,
Class Certification ,
Financial Markets ,
Fraud-on-the-Market ,
FRCP 23(b)(3) ,
Halliburton v Erica P. John Fund ,
Material Misstatements ,
Rule 10b-5 ,
Securities Fraud ,
Stock Prices
In Erica P. John Fund, Inc. v. Halliburton Co., No. 12-10544, 2013 WL 1809760 (5th Cir. Apr. 30, 2013), the United States Court of Appeals for the Fifth Circuit held that a defendant in a securities fraud class action is not...more