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Appellate Law

Halliburton II And The Importance Of Economic Analysis Prior To Class Certification

On June 23, 2014, the U.S. Supreme Court handed down its long-awaited decision in Halliburton Co. v. Erica P. John Fund.[1] The ruling affirms Basic Inc. v. Levinson,[2] but finds that defendants can introduce a direct price impact analysis prior to class certification. In Basic the...

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Appellate Law

Halliburton II: The Securities Fraud-On-The-Market Presumption Is Here To Stay

As anticipated, a majority of the U.S. Supreme Court declined to overrule the fraud-on-the-market presumption of Basic v. Levinson.[1] The Court rejected Halliburton's opening argument that the presumption is misplaced because today many investors do not assume market efficiency or base...

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Appellate Law

An Overview Of Supreme Court Cases In The Recent Term

Editor: Please describe your background during your term as Assistant to the Solicitor General at the Department of Justice. Explain your role in the case of United States v. Windsor. Shah: I spent over five and a half years as an Assistant to the Solicitor General in the Solicitor General...

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