Basic-Inc-v-Levinson
2 cases — ← All topics
| Case | Title | Lower Court | Docketed | Status | Flags | Tags | Question Presented |
|---|---|---|---|---|---|---|---|
| 25-977 | Johnson & Johnson, et al. v. San Diego County Employees Retirement Association, et al. | Third Circuit | 2026-02-18 | Pending | Basic-Inc-v-Levinson class-certification corrective-disclosure efficient-market-hypothesis inflation-maintenance-theory securities-fraud | Securities-fraud class actions overwhelmingly rely on the "inflation-maintenance" theory, which posits that misrepresentations maintain an inflated st… | |
| 20-1364 | BofI Holding, Inc., et al. v. Houston Municipal Employees Pension System | Ninth Circuit | 2021-03-30 | Denied | Amici (1)Response RequestedResponse WaivedRelisted (2) | basic-inc-v-levinson disclosure-standards dura-pharmaceuticals efficient-capital-markets-hypothesis efficient-market-hypothesis fraud-on-the-market investor-protection loss-causation market-price securities-exchange-act securities-fraud | In Basic Inc. v. Levinson, 485 U.S. 224 (1988), this Court recognized the fraud-on-the-market presumption of reliance for private rights of action bro… |