High Court Sends Securities Class Actions Back to Basic(s)

June 23, 2014

Lawrence A. Sucharow declares a victory for the plaintiffs bar in the Supreme Court ruling of Halliburton Co. v. Erica P. John Fund

Larry Sucharow of Labaton Sucharow LLP said the ruling reaffirmed Basic's "tremendous vitality" without threatening class actions. "The cases that are strong on the merits will survive no matter what, whether they are tested at the class certification stage or later on," he said.