U.S. Court of Appeals for the 9th Circuit
Sep. 5, 2007
Court Weighs Liability of Third Parties
WASHINGTON - In a closely watched securities-fraud case pending before the U.S. Supreme Court, aggrieved shareholders will argue in October that they should be free to sue any outside party that participates in a public company's scheme to defraud the public.
Daily Journal Staff Writer
WASHINGTON - In a closely watched securities-fraud case pending before the U.S. Supreme Court, aggrieved shareholders will argue in October that they should be free to sue any outside party that participates in a public company's scheme to defraud the public.
Most often, unhappy investors looking for targets outside of a financially troubled...
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