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4 Aug 2015, 12:00 pm by David Keenan
In a lengthy ruling containing a detailed analysis of dueling economic expert reports, a federal court in Texas held on July 25, 2015 that defendant Halliburton Company demonstrated a lack of price impact at the class-certification stage on nearly all of the plaintiffs’ claims, thus rebutting the presumption of reliance. [read post]
30 Jul 2015, 5:18 pm by Kevin LaCroix
The company’s share price fell by about 40 percent after word of the verdict, so Halliburton still faces significant exposure in the case. [read post]
15 Jun 2015, 7:23 am by Lorene Park
Make sure, once an internal investigation is complete, that any discipline or other response is consistent with company policy and with the response to similar infractions in the past. [read post]
12 May 2015, 3:30 pm by James Galvin
Steel Corp. 90271J598 UBS Trigger Phoenix Autocallable Optimization Securities linked to United Rentals, Inc. 90271J523 UBS Trigger Phoenix Autocallable Optimization Securities linked to MGM Resorts International 90271J556 UBS Trigger Phoenix Autocallable Optimization Securities linked to Market Vectors Gold Miners ETF 90271J531 UBS Trigger Phoenix Autocallable Optimization Securities linked to Gilead Sciences Inc. 90271J549 UBS Trigger Phoenix Autocallable Optimization Securities linked to… [read post]
12 May 2015, 3:26 pm by James Galvin
., Inc. 902619386 UBS Yield Optimization Notes with Contingent Protection linked to General Electric Company 902619394 UBS Yield Optimization Notes with Contingent Protection linked to Exxon Mobil Corp. 902619493 UBS Yield Optimization Notes with Contingent Protection linked to Texas Instruments Inc 902619519 UBS Yield Optimization Notes with Contingent Protection linked to Amgen Inc. 902619527 UBS Yield Optimization Notes with Contingent Protection linked to Goldcorp Inc. 902619535 UBS… [read post]
12 May 2015, 2:47 pm by James Galvin
Inc 17314V312 Citigroup ELKS Based Upon the Common Stock of Halliburton Company 17314V221 Citigroup ELKS based upon the common stock of Chevron Corp 17314V171 Citigroup ELKS Based Upon the Common Stock of Halliburton Company 17314V247 Citigroup Equity LinKed Securities (ELKS) based upon the common stock of Goldman Sachs Group, Inc. 17316G206 Citigroup ELKS based upon the common stock of SanDisk Corp. 17314V130 Citigroup ELKS based upon the common stock of The… [read post]
12 May 2015, 2:43 pm by James Galvin
Steel Corp. 06366QH75 Bank of Montreal Reverse Exchangeable Notes linked to Alcoa, Inc. 06366QH91 Bank of Montreal Reverse Exchangeable Notes linked to Delta Air Lines, Inc. 06366QJ24 Bank of Montreal Reverse Exchangeable Notes linked to Dow Chemical Company 06366QJ73 Bank of Montreal Reverse Exchangeable Notes linked to Las Vegas Sands Corp. 06366QJ81 Bank of Montreal Reverse Exchangeable Notes linked to MercadoLibre Inc 06366QJ99 Bank of Montreal Reverse Exchangeable Notes linked to… [read post]
2 May 2015, 5:00 am by Ann Lipton
It's the story of Tony Menendez, a Halliburton accountant who believed that the company was incorrectly recognizing revenue. [read post]
15 Apr 2015, 4:21 pm by Kevin LaCroix
In its June 2014 opinion in the Halliburton case, the U.S. [read post]
13 Apr 2015, 4:22 am by Kevin LaCroix
Supreme Court’s ruling in the Halliburton case in early 2014, there were fewer securities suits filing in first half of 2014 (79) than in the year’s second half (90 cases). [read post]
7 Apr 2015, 7:44 am by John Jascob
Amedisys said the federal appeals courts are just as divided on this point as they were over the issues in the Amgen and Halliburton I cases, both of which the Court decided (Amedisys, Inc. v. [read post]
6 Jan 2015, 4:14 am by Kevin LaCroix
In the end, because the Supreme Court left the fraud on the market theory unchanged, the Halliburton case did not have the disruptive effect that it might have. [read post]