presumption-of-reliance

2 cases — ← All topics

Case Title Lower Court Docketed Status Flags Tags Question Presented
25-351 Shanda Games Limited, et al. v. David Monk Second Circuit 2025-09-24 Denied Amici (2)Response Waived class-action fraud-on-the-market investor-reliance market-efficiency presumption-of-reliance securities-fraud In Basic Inc. v. Levinson, 485 U.S. 224 (1988), this Court recognized a rebuttable fraud-on-the-market presumption for establishing reliance in a secu…
18-969 Gospel For Asia, Inc., et al. v. Garland D. Murphy, III, et al. Eighth Circuit 2019-01-25 Dismissed circuit-split civil-procedure civil-rights class-action class-certification due-process fraud interlocutory-appeal presumption-of-injury presumption-of-reliance rico rico-class-action rule-23 standards-for-interlocutory-appeal Whether a RICO class may be certified under Federal Rule of Civil Procedure 23(b)(3) based on a presumption of injury