WASHINGTON --- The U.S. Supreme Court this week heard oral arguments in a case that could overturn a quarter-century of precedent, severely weakening the ability of shareholders to band together to sue corporations over fraud. The case brought against oil giant Halliburton by a group of investors could have broad ramifications for individual
Halliburton Case Would “Eviscerate” Shareholder Lawsuits
Some experts have pointed out an alarming trend in which the U.S. Supreme Court is cutting off individuals’ access to the justice system. They say that if the court finds with Halliburton in a particular class action suit, it could be the final nail in the coffin.