The Supreme Court Halliburton Decision

The Boardroom Video Series is joined by Carl Metzger, a Partner at the law firm Goodwin Procter and an expert in board-level risk and corporate litigation.

Key Takeaways for Corporate Counsel and the Board of Directors:

  • The legal impact of the decision is tactical, not strategic.
  • It may reduce the volume of plaintiff class action lawsuits; it will not eliminate them.
  • Companies can now challenge the class-action suit earlier in the process regarding material misrepresentation or omission.
  • Director & Officer protection should not be reduced.
  • Other shareholder suits related to stock offerings and M&A will not be affected.

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Carl Metzger can be contacted at 617-570-1770 or by email at cmetzger@goodwinprocter.com.