Law360, New York ( July 25, 2014, 10:22 AM EDT) -- In its recent, highly anticipated decision in Halliburton Co. v. Erica P. John Fund,[1] the U.S. Supreme Court declined an invitation to overturn the so-called "fraud on the market" presumption applicable to securities class action certification.[2] Had the court accepted that invitation, Halliburton might well have been a game changer that markedly altered the securities class action landscape — and the directors and officers liability insurance market....
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