Securities class actions are here to stay

Halliburton had the potential to radically change the D&O liability and D&O insurance landscape. Now, however, it's clear that there will be no immediate change

Securities class action suits are here to stay. That's the result of the Supreme Court's recent ruling in Halliburton v. Erica P. John Fund, a case that directors, officers, the companies they serve and the D&O insurance industry closely watched.

As I discussed in an earlier column for InsideCounsel, the Supreme Court's decision to hear the case prompted many to predict that we were about to see the end of most securities class action lawsuits. Sadly, these hopes have been dashed by the Supreme Court's decision.

Priya Cherian Huskins

Priya Cherian Huskins, Esq., is senior vice president of Woodfruff, Sawyer and Company. She can be reached at

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