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In Halliburton case, Supreme Court may sanction corporations lying to investors | Raw Story

27.1.11

In Halliburton case, Supreme Court may sanction corporations lying to investors | Raw Story: "The Supreme Court's decision in the upcoming case Erica P. John Fund Inc v. Halliburton could prevent companies that deceive their investors from being held accountable, according to Jeff McCord of The Investor Advocate.

In early January, the Supreme Court agreed to review a US appeals court ruling that denied a group of investors could sue energy giant Halliburton in a broad class action. The lawsuit was filed in federal court in 2007 by Halliburton shareholders who bought stock between June 1999 and December 2001."

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