Norfolk County Retirement System v. Health Management Retirement Associates, Inc.
Certiorari Denied
Petition for certiorari denied on March 20, 2017.
Issue
(1) Whether a finding of actual wrongdoing is a legal prerequisite to an investor pleading loss causation based on the announcement of a government investigation into the defendant's fraudulent practices; and (2) whether an investor who invokes a fraud-on-the-market presumption of reliance is barred from pleading loss causation based on a corrective disclosure that analyzes information already in the public domain but not widely known to the market.
Sep 12, 2016Application (16A253) to extend the time to file a petition for a writ of certiorari from September 22, 2016 to November 21, 2016, submitted to Justice Thomas.
Sep 15, 2016Application (16A253) granted by Justice Thomas extending the time to file until November 21, 2016.
Nov 21, 2016Petition for a writ of certiorari filed. (Response due December 23, 2016)
Dec 9, 2016Order extending time to file response to petition to and including February 6, 2017.
Dec 21, 2016Consent to the filing of amicus curiae briefs, in support of either party or of neither party, received from counsel for petitioners.
Dec 22, 2016Brief amici curiae of Financial Economists filed.
Dec 23, 2016Brief amici curiae of Los Angeles County Employees Retirement Association, et al. filed.
Feb 6, 2017Brief of respondents Health Management Associates, LLC, et al. in opposition filed.Feb 22, 2017DISTRIBUTED for Conference of March 17, 2017.
Feb 22, 2017Reply of petitioners Norfolk County Retirement System, et al. filed. (Distributed)Mar 20, 2017Petition DENIED.
Recommended Citation: Norfolk County Retirement System v. Health Management Retirement Associates, Inc., SCOTUSblog, https://www.scotusblog.com/cases/norfolk-county-retirement-system-v-health-management-retirement-associates-inc/