New Post-Decision SCOTUScast: Erica P. John Fund, Inc. v. Halliburton Co.
by SCOTUScaster
Posted July 25, 2011, 3:34 PM
On June 6, 2011, the Supreme Court announced its decision in Erica P. John Fund, Inc. v. Halliburton Co. The question in this case was whether securities fraud plaintiffs must prove "that the defendant's deceptive conduct caused their claimed economic loss" in order to be certified as a class.
In an opinion delivered by Chief Justice Roberts, the Court held unanimously that securities fraud plaintiffs do not need to prove that the defendant's deceptive conduct caused their claimed economic loss in order to be certified as a class.
To discuss the case, we have Adam C. Pritchard, who is the Frances and George Skestos Professor of Law at the University of Michigan Law School.