The Third Circuit extended American Pipe tolling to the period before a decision on class-certification, opening a new avenue for potential class members to assert otherwise untimely individual ...

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The U.S. Supreme Court held yesterday that defendants in securities fraud class actions can defeat the Basic fraud-on-the-market presumption of reliance at the class certification stage “through ...

In its decision, the Supreme Court rejected calls to do away with the presumption of reliance adopted in its Basic v. Levinson decision that made it easier to pursue securities claims as class actions ...

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Market regulator SEBI has slapped Reliance Securities with a monetary penalty of Rs 9 lakh. SEBI imposed this penalty on the company for flouting market norms and stockbrokers' rules. The market ...

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It was reported on November 7, that Arthur Ajemyan, SVP at Reliance (NYSE:RS) executed a significant insider sell, according to an SEC filing. What Happened: Ajemyan's recent Form 4 filing with the ...

Disclosed on December 3, Karla R Lewis, President at Reliance (NYSE:RS), executed a substantial insider sell as per the latest SEC filing. What Happened: Lewis's decision to sell 3,892 shares of ...