Editor's Note :

Editor's Note :

On Monday at 9:30 we expect orders from the April 17 Conference. On Tuesday at 10 a.m. we expect one or more opinions in argued cases. We will be live-blogging at this link . The Court has not yet announced whether there will be additional opinion announcements on Wednesday.

Erica P. John Fund, Inc. v. Halliburton Co.

Docket No. Op. Below Argument Opinion Vote Author Term
09-1403 5th Cir. Apr 25, 2011
Tr.Aud.
Jun 6, 2011 9-0 Roberts OT 2010

Holding: Securities fraud plaintiffs need not prove loss causation to obtain class certification.

Plain English Holding: Shareholders who allege that they were defrauded do not have to prove that the alleged fraud caused them to lose money to receive permission to proceed as a class action, rather than in individual lawsuits, even if they will eventually have to prove those losses at trial to win their case.

Judgment: Vacated and remanded on June 6, 2011.

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