Amgen Securities Litigation

SIFMA has submitted an Amicus “Friend of the Court” Brief

Court:

U.S. Court of Appeals

(Ninth Circuit)

Amicus Issue:

Whether the fraud-on-the-market (FOTM) presumption can be met at the class certification stage merely upon a showing that the stock at issue traded in an efficient market.  Whether defendant must be afforded an opportunity to rebut the FOTM presumption before the class is certified.

Counsel of Record:

Wilmer Cutler Pickering Hale and Dorr

1875 Pennsylvania Avenue, NW

Washington, DC 20005

Andrew N. Vollmer

Judith E. Coleman

Other Amici  on SIFMA’s Brief: 

U.S. Chamber of Commerce

Pharmaceutical Research and Manufacturers of America