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: LawReader

U.S. Supreme Court Shields Banks, Vendors From Investor Suits

By Stan

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By Greg Stohr   Jan. 15, 2008 Jan. 15 (Bloomberg) — The U.S. Supreme Court put new limits on shareholder suits against a company’s banks and business partners in a ruling that may thwart efforts to recoup billions of dollars lost in frauds at Enron Corp. and HealthSouth Corp. The justices, voting 5-3, threw out a lawsuit by [...]

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

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