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: Securities Law Prof BlogSupreme Court Rules Against Scheme Liability in Stoneridge
By Securites Lawprof
Full post as published by Securities Law Prof Blog on January 15, 2008 (boomark / email).
Stoneridge in Action
Stoneridge in Action Now that the Supreme Court has weighed in against the notion of "scheme" liability in Stoneridge Investment Partners, LLC v. Scientific-Atlanta, Inc., 128 S.Ct...
Supreme Court Decides Stoneridge:
Today the U.S. Supreme Court decided Stoneridge Investment Partners v. Scientific-Atlanta. By a vote of 5-3, the Court rejected "scheme liability" and held that private rights of action under Section...
Supreme Court Protects Third Party Advisers in Stoneridge
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...
Atkins on Stoneridge
SEC Commissioner Paul Atkins adds his voice in the WSJ to the large chorus of sensible people objecting to civil scheme liability:In Stoneridge,the Supreme Court held that investors in one company cannot sue other companies for securities fraud unless those...
Stoneridge
On Tuesday, the U.S. Supreme Court handed down its long awaited decision in Stoneridge Investment Partners, LLC v. Scientific-Atlanta, Inc., 552 U.S. __ (2008). The decision affirms the Supreme Court’s tendency to limit implied rights of action under the securities laws...
From the Pages of The Pomerantz Monitor: Partner Stan Grossman Discusses "Secondary Actors" After Stoneridge
Within hours after the Supreme Court's decision in Stoneridge, news reports and law firm advisories were buzzing that the Court had sounded the death knell for "scheme liability" claims against "secondary actors" under the securities laws...
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