Pamela S. Palmer, Partner, Pepper Hamilton LLP to Speak at The Knowledge Group's LIVE Webcast

Top Quote The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Pamela S. Palmer, Partner, Pepper Hamilton LLP will speak at a 2-hour webcast entitled "Halliburton II and Fraud-on-the-Market Theory: New Legal Challenges and Strategies Impacting Class Certification LIVE Webcast" This two-hour event is scheduled on February 8, 2017 @ 12:00pm - 12:00pm ET. End Quote
  • New York, NY (1888PressRelease) January 18, 2017 - Event Summary:
    Courts across the country have begun applying the U.S. Supreme Court's decision in Halliburton Co. v. Erica P. John Fund Inc. (Halliburton II), which affirmed defendants' right to seek to rebut the fraud-on-the-market presumption of reliance by showing a lack of "price impact." at the class certification stage. In the only federal appellate decision so far, the Eighth Circuit ruled in IBEW Local 98 Pension Fund v. Best Buy Co. Inc. that the defendants successfully rebutted the presumption. The decision strengthens the possibility that a defendant's liability can be narrowed or extinguished based on price impact evidence during the class certification phase. Defendants have not fared as well in district court decisions in the Ninth, Second, and other Circuits, where courts have rejected defense challenges to the presumption of reliance and granted class certification. Several decisions are headed up on appeal and are expected to address important issues of which side bears the burden of persuasion, and what evidence is admissible as probative of a lack of price impact.

    Parties in securities fraud class actions should pay close attention to these developments since these will ascertain whether the tide is turned for defendants seeking to rebut the fraud-on-the-market theory.

    In this two-hour LIVE Webcast, a panel of distinguished professionals and thought leaders assembled by The Knowledge Group will help the audience understand the fundamental aspects and the critical issues surrounding Halliburton II and Fraud-on-the-Market Theory. They will provide an in-depth discussion of this significant topic within the context of Best Buy and other recent cases challenging class certification under Halliburton II.

    Key topics include:

    • Halliburton II overview
    • Halliburton II on remand
    • The Best Buy decision
    • Price impact litigation across the country
    • Emerging strategies for rebutting the presumption of reliance
    • Implications on class certification in securities fraud class actions

    About Pamela S. Palmer

    Pamela S. Palmer is a partner in the Commercial Litigation Practice of Pepper Hamilton LLP, resident in the Los Angeles and Orange County offices. She handles a wide range of complex business disputes with particular emphasis in matters involving investor disputes, securities litigation, class actions, derivative suits and corporate investigations. Ms. Palmer defends public and private companies, officers, directors against claims involving fiduciary duty, business judgment, and professional liability. She handles SEC and other regulatory matters, as well as litigation arising out of mergers and acquisitions. She advises boards and special committees in internal investigations involving whistleblowers, shareholder demands, restatements and other corporate crises, and also advises clients on business liability, corporate governance, disclosure, indemnification and director and officer liability insurance coverage. Her clients have included Fortune-ranked public companies, private companies, accounting firms and individuals involved in a wide range of industries.

    Ms. Palmer has achieved judgments of dismissal in numerous actions and proceedings in federal and state trial courts and in courts of appeal. She has been named one of the Top 100 Women Litigators in California by the Daily Journal, named to the Southern California Super Lawyers list in securities litigation every year since 2005, recognized as a leading securities litigation attorney in The Legal 500 U.S., and is rated AV Preeminent Martindale-Hubbell ®.

    About Pepper Hamilton LLP

    Pepper Hamilton LLP is a multi-practice law firm with more than 450 lawyers nationally. The firm provides corporate, litigation and regulatory legal services to leading businesses, governmental entities, nonprofit organizations and individuals throughout the nation and the world. The firm's Litigation and Dispute Resolution Department is more than 250 lawyers strong, led by some of the best trial lawyers in the country, who carefully train the firm's associates and other professionals in the skills needed to prevail in the courtroom and at the negotiating table. Whether it is a TRO or a mass tort, a class action or an international arbitration, Pepper has the trial experience necessary to fight and win the toughest cases.

    About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

    The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. Its mission is to produce unbiased, objective, and educational live webcasts that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly-focused format.

    The organization brings together the world's leading authorities and industry participants through informative two-hour webcasts to study the impact of changes and emerging trends. Hear from leading government officials/regulators, key thought leaders, and industry experts objectively analyze the latest trends and issues and their impact on industries.

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