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Corporate & Securities Law

: BusinessAssociationsBlog.com

Stoneridge Debate

By Stephen Bainbridge

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From the Federalist Society’s website: On January 15, 2008 the Supreme Court decided the Stoneridge Investment v. Scientific Atlanta case. The Court ruled that the implied private right of action in section 10 (b) does not extend to fraud claims against a non-issuer of a security whose allegedly misleading statements and conduct was not directly relied on by investors in making investment...

[continued on site]

Full post as published by BusinessAssociationsBlog.com on March 05, 2008 (boomark / email).

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