Supreme Court To Hear Halliburton Case

By Houston Business Journal

Halliburton Co. investors will have their appeal heard by the U.S. Supreme Court.

The court on Friday agreed to hear the petition, which had originally been filed in May 2010.

Plaintiffs in the case, Erica P. John Fund v. Halliburton, 09-1403, are trying to sue Halliburton (NYSE: HAL) in a securities fraud class action suit, according to the petition.

The United States Court of Appeals for the Fifth Circuit in New Orleans ruled against the investors back in February 2010, according to Bloomberg.

Copyright 2011 American City Business Journals

http://www.bizjournals.com/houston/news/2011/01/07/supreme-court-to-hear-halliburton-case.html?ana=thestreet

Copyright bizjournals.com 2010

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