Forbes: The Supreme Court’s Opportunity To End Abusive Class Action Securities Lawsuits

By Paul Atkins

For the past 25 years, securities class actions have been a source of excessive and sometimes abusive litigation, reallocating billions of dollars from shareholders to lawyers.  The Supreme Court will soon hear a case, Halliburton v. Erica P. John Fund, with the potential to correct the anomaly in the law that has produced this peculiar result.