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Halliburton Co. v. Erica P. John Fund, Inc.
Citation:573 U.S. 258 (2014)
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- Topic: Identifies the topic of law and where this case fits within your course outline.
- Parties: Identifies the cast of characters involved in the case.
- Procedural Posture & History: Shares the case history with how lower courts have ruled on the matter.
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- Facts: What are the factual circumstances that gave rise to the civil or criminal case? What is the relationship of the Parties that are involved in the case. Review the Facts of this case here:
Respondent Erica P. John Fund, Inc. (EPJ Fund), is the lead plaintiff in a putative class action against Halliburton and one of its executives alleging violations of section 10(b) of the Securities Exchange Act of 1934. According to EPJ Fund, Halliburton made a series of misrepresentations regarding its potential liability in asbestos litigation, its expected revenue from certain construction contracts, and the anticipated benefits of its merger with another company. Halliburton subsequently made a number of corrective disclosures, which EPJ Fund contends, caused the company’s stock price to drop and investors to lose money.
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