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Sep. 1, 2007

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A U.S. Supreme Court case scheduled for hearing in October puts investment banks, accountants, and lawyers at risk for third-party scheme liability in securities fraud litigation. By Thomas Brom

By Thomas Brom
     
      Bank Holiday?
      As plaintiffs attorney William S. Lerach's career fades to black, much of his legacy may hang on the outcome of a case to be argued before the U.S. Supreme Court next term. Lerach has no involvement in the matter, Stoneridge Investment Partners v. Scientific-Atlanta, Inc. (No. 06?43). But it raises an issue?scheme li...

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