Webinar – Managing Principal Michael Holland to Join Panel Discussion of the Price Impact Rule Following Halliburton II
Event:Halliburton II, Materiality and the Price Impact Rule in Securities Class Actions: 2019 Perspective
Date: April 30, 2019
Host:The Knowledge Group
Times:9:00–10:00 a.m. (PT) / 12:00–1:00 p.m. (ET)
In this webinar, Managing Principal Michael Holland will join a panel to discuss the changing landscape of securities class actions following the US Court of Appeals for the Second Circuit’s opinion in Arkansas Teachers Retirement System v. Goldman Sachs Group, Inc. This ruling clarified the guidance provided in the Supreme Court’s decision in Halliburton Co. v. Erica P. John Fund, Inc. (Halliburton II) on the assessment of rebuttal evidence introduced at the class certification stage to negate the presence of price impact. Mr. Holland will discuss the use of event studies to evaluate the significance of stock price changes, the implications of recent price impact rulings, and best practices for invoking the price impact rule as part of a class certification defense strategy.