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U.S. Court of Appeals for the Sixth Circuit

Case Status

Resolved

Docket Number

Oral Argument Date

April 25, 2018

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Case Updates

Settlement reached

April 11, 2018

Click here to view the order for joint motion to remand.

U.S. Chamber urges Sixth Circuit to reverse lower court decision misapplying Rule 23 standards in securities class action

November 07, 2017

The U.S. Chamber and the Securities Industry and Financial Markets Association filed an amicus brief in the Sixth Circuit arguing that the lower courts erred by depriving defendants of the opportunity under Halliburton II to rebut Basic’s presumption of reliance.

Jeff G. Hammel, Douglas K. Yatter, Melissa Arbus Sherry, and Marcy C. Priedeman of Latham & Watkins LLP served as co-counsel for the U.S. Chamber of Commerce on behalf of the U.S. Chamber Litigation Center.

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