Tuesday, June 24, 2014

Supreme Court Strikes Middle Ground in Securities Fraud Cases

The securities-fraud lawsuit isn’t dead, though a Supreme Court ruling handed down Monday has left it wounded. The high court gave companies more ability to knock down securities-fraud lawsuits brought by investors, but it declined to overturn the controversial legal doctrine that has underpinned investor class actions for more than two decades.

For more information visit Supreme Court Strikes Middle Ground on Securities Fraud Lawsuits - Law Blog - WSJ