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Statements

Subject Item
dbr:Basic_Inc._v._Levinson
rdf:type
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rdfs:label
Basic Inc. v. Levinson
rdfs:comment
Basic Inc. v. Levinson, 485 U.S. 224 (1988), was a case in which the Supreme Court of the United States articulated the "fraud-on-the-market theory" as giving rise to a rebuttable presumption of reliance in securities fraud cases.
foaf:name
Basic Incorporated, et al., Petitioners v. Max L. Levinson et al.
dcterms:subject
dbc:United_States_securities_case_law dbc:United_States_Supreme_Court_cases dbc:1988_in_United_States_case_law dbc:United_States_Supreme_Court_cases_of_the_Rehnquist_Court
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Brennan, Marshall, Stevens; White, O'Connor
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n18:86-279
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224
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485
dbp:arguedate
0001-11-02
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1987
dbp:case
Basic Inc. v. Levinson,
dbp:courtlistener
n4:
dbp:decidedate
0001-03-07
dbp:decideyear
1988
dbp:findlaw
n23:224.html
dbp:fullname
Basic Incorporated, et al., Petitioners v. Max L. Levinson et al.
dbp:holding
Plaintiffs are entitled to a rebuttable presumption of reliance in a 10b-5 case, based on a fraud-on-the-market theory.
dbp:justia
n21:case.html
dbp:litigants
Basic Inc. v. Levinson
dbp:majority
Blackmun
dbp:loc
n7:usrep485224.pdf
dbo:abstract
Basic Inc. v. Levinson, 485 U.S. 224 (1988), was a case in which the Supreme Court of the United States articulated the "fraud-on-the-market theory" as giving rise to a rebuttable presumption of reliance in securities fraud cases.
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White
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O'Connor
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Rehnquist, Scalia, and Kennedy
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