Supreme Court Reconsiders Class-Action Securities Lawsuits

Pensions & Investments
March 5, 2014

Thomas A. Dubbs breaks down the SCOTUS Halliburton argument

There was "extensive questioning of how various tools worked, such as event studies, and how they could be used more effectively," said Thomas Dubbs, a senior partner with Labaton Sucharow, a securities law firm that represents major institutional investors. But Mr. Dubbs said in an interview that "there did not appear to be a strong groundswell for overturning 'Basic.'"