U.S. Court of Appeals for the 9th Circuit
Jun. 20, 2007
In Wall Street Win, Justices Bar Two Class Actions
WASHINGTON - Handing a significant victory to Wall Street, the U.S. Supreme Court on Monday barred two antitrust class actions claiming that the nation's leading investment banks conspired to inflate the prices of initial stock offerings for hundreds of technology companies during the dot-com boom of the late 1990s.
Daily Journal Staff Writer
WASHINGTON - Handing a significant victory to Wall Street, the U.S. Supreme Court on Monday barred two antitrust class actions claiming that the nation's leading investment banks conspired to inflate the prices of initial stock offerings for hundreds of technology companies during the dot-com boom of the late 1990s.
The court, by a 7-1 vo...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In