The Supreme Court Agrees to Hear Appeal on Defendants' Ability to Rebut the Basic Presumption of Reliance at Class Certification | Alston & Bird
To embed, copy and paste the code into your website or blog: Our Securities Litigation Group examines the path of a securities case coming before the Supreme Court that could change the dynamics of evidence of price impact at the class certification stage. Overview of the presumption of reliance Summary of the case on appeal Potential impact of the Court’s ruling On December 11, 2020, the U.S. Supreme Court granted a petition for writ of certiorari in the case Goldman Sachs Group, Inc., et al., Petitioners v. Arkansas Teacher Retirement System, et al., No. 20-222. The certiorari petition a...
Source: jdsupra.com