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: Legal Blog Watch

Supreme Court Protects Third Party Advisers in Stoneridge

By Carolyn Elefant

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Today, by a 5-3 vote, the Supreme Court decided Stoneridge Investment Partners v. Scientific Atlanta, rejecting the concept of "scheme liability" that would have allowed shareholders to sue third party advisers who may have facilitated the fraudulent transactions. The ruling...

Full post as published by Legal Blog Watch on January 15, 2008 (boomark / email).

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