Tag Archives: Presumption
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SCOTUS Opinion: Court Fine-Tunes Review Standard For Securities Class Actions
In Goldman Sachs Group, Inc. v. Arkansas Teacher Retirement System, shareholders alleged securities fraud by Goldman Sachs and sought a class action certification. The shareholders invoked a presumption under Basic Inc. v. Levinson, 485 U.S. 224 (1988), that investors are presumed to rely on the market price of a company’s security, which is presumed to reflect all of the company’s ... Read More
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SCOTUS Opinion: Immigrant’s Testimony Not Entitled To Presumption Of Credibility In Removal Case
The case of Garland v. Ming Dai involved two consolidated appeals where in each an immigrant noncitizen was requesting that he not be removed to his respective country of origin. In each case, the immigrant gave testimony in support of their cause to stay in the United States, and in each case the immigration judge and the Bureau of Immigration ... Read More