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Ethics

: Legal Ethics Forum

Will Congress overturn Stoneridge and create "aiding and abetting" liability for securities frauds? (Biglaw would be a big target)

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You may recall that the US Supremes, in the Stoneridge decision, shut down an expansive theory of aiding and abetting liability that would have been used to sue law firms when their clients committed securities fraud. George Conk, Kevin LaCroix, and Stewart Evans discuss the recent efforts of Sen. Dodd to reintroduce the concept through legislation. Good idea or bad idea?

Full post as published by Legal Ethics Forum on January 06, 2010 (boomark / email).

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Restoring Aiding And Abetting Liability

Specter introduces bill to overturn Stoneridge

Specter Introduces Bill to Create Private Aiding and Abetting Remedy for Rule 10b-5 Fraud

Oregon's distinctive securities law

Stoneridge and the Rule of Unintended Consequences

Stoneridge in Action

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