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FORUM « Pacific Research Institute: Cost of American jackpot justice: $865 billion | Vioxx litigation update » March 27, 2007SCOTUS to hear Stoneridge Investment v. Scientific-Atlanta Scientific-Atlanta entered into a deal with Charter Communications that permitted Charter to inflate their revenues; Charter stockholders sued S-A, and the Eighth Circuit upheld a dismissal, noting that the Supreme Court has strictly circumscribed the scope of civil securities-law enforcement. The Supreme Court has granted certiorari. The case has significance because of the similar Fifth Circuit decision in the Enron litigation, which we discussed Mar. 19. [AP/Law.com] Posted by Ted Frank at 09:16 AM | TrackBack (0) |
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