Judges and Judiciary
Jan. 9, 2007
Supreme Court Will Hear Securities-Fraud Case
WASHINGTON - In a case that could make it more difficult for shareholders to sue public companies for securities fraud, the U.S. Supreme Court said late Friday that it would clarify a key legal standard used to determine when class-action allegations are strong enough to proceed.
Daily Journal Staff Writer
WASHINGTON - In a case that could make it more difficult for shareholders to sue public companies for securities fraud, the U.S. Supreme Court said late Friday that it would clarify a key legal standard used to determine when class-action allegations are strong enough to proceed.
In other action, the high court agreed to review a 9th U.S. Circu...
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