Focus (Forum & Focus)
Dec. 7, 2007
Supreme Deception
Focus Column - By William F. Sullivan and Peter M. Stone - The Supreme Court looks set to split into two camps in a case over the liability of parties who may aid or abet fraud. And there's no tie-breaking vote.
By William F. Sullivan
and Peter M. Stone
Oral argument before the United States Supreme Court suggests that the court may be more divided over the Stoneridge securities case (Stoneridge Investment Partners v. Scientific-Atlanta, 06-43) than it has been in recent securities cases such as Dura Pharmaceuticals v. Broudo or Tellabs Inc. v. Makor Issues & Rights Ltd.
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