Lieff Cabraser Civil Justice Blog
Michael Miarmi to Discuss Fraud-on-the-Market Theory

Michael Miarmi to Discuss Fraud-on-the-Market Theory

Lieff Cabraser attorney Michael Miarmi will participate in a live CLE webcast addressing landmark securities fraud decisions on December 17, 2015. “Fraud-on-the-Market Theory: Presumption and Other Significant Issues and Updates in 2016 and Beyond Live Webcast” will be held on Thursday, December 17 from noon to 12 p.m. (Eastern). The discussion will center around the June 2014 U.S. Supreme Court decision in Halliburton Co. v. Erica P. John Fund, Inc. in which the foundation of securities class actions was called into question.

Key topics will include: Fraud-on-the-Market Theory – An Overview; Basic, Inc. v. Levinson Supreme Court Review; Halliburton Co. v. Erica P. John Fund, Inc. – Presumption; Challenges to Fraud-on-the-Market Theory; among others. Please read here for more information and to register.

Michael Miarmi is a partner in the firm’s New York office. He devotes his practice almost entirely to representing individual and institutional investors in direct or class cases asserting claims under the federal securities laws or state law. Among his current responsibilities, Michael is a member of the team serving as co-lead counsel for the proposed customer class in In re Bank of New York Mellon Corp. Foreign Exchange Transactions Litigation, seeking to recover losses arising from The Bank of New York Mellon’s alleged misconduct in connection with executing foreign exchange (FX) transactions on behalf of its custodial clients, as well as the team serving as co-lead counsel for the proposed class in Arkansas Teacher Retirement System v. State Street Corp., a case arising from State Street’s alleged FX-related misconduct.