Walter W. Davis
- Indexed articles, last 90 days
- 2
- Latest publication
- Jul 30, 2026
- Outlet visibility, for Mondaq
- Top 500K sites
- Earliest in this view
- Jul 9, 2026
Latest articles
Fourth Circuit Reverses Class Certification In Boeing Securities Fraud Case (opens the original)
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The Situation: In State of Rhode Island Office of the General Treasurer v. The Boeing Company, No. 25-1492 (4th Cir. July 20, 2026), the Fourth Circuit opined on the level of proof that securities class-action plaintiffs, at the time of class certification, need to provide concerning their damages methodology in order to meet the standard articulated in Comcast Corp. v. Behrend, 569 U.S. 27 (2013). The Result: The Fourth Circuit held that the plaintiffs' proof was insufficient because their dama
Second Circuit Holds That Delayed, Market-Tracking Stock Drop Dooms Loss Causation (opens the original)
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On June 26, 2026, the Second Circuit affirmed the dismissal of a securities fraud claim, holding that a plaintiff must plausibly explain why a stock price decline that was delayed and merely tracked the broader market was caused by the alleged fraud rather than by intervening market forces. In Huey v. Anavex Life Sciences Corp., the Second Circuit affirmed the district court's dismissal with prejudice of a putative class action under Section 10(b) of the Securities Exchange Act of 1934 for failu
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