David Wertheimer

February 09, 2018 | New York Law Journal

The Second Circuit's decision in 'Waggoner v. Barclays' has garnered attention for its rulings on the requirements for showing and rebutting market efficiency and the related presumption of reliance in class actions brought under §10(b) of the 1934 Securities Exchange Act. Less noticed—but no less important—is the court's discussion of the damages that the certified class might recover.

By David Wertheimer

10 minute read