Lyle Roberts of 10b-5 Daily (Dec. 12) passes along reports that the plaintiff's securities bar may be helping to draft legislation for the new Congress to overturn two key Supreme Court decisions of recent years, Central Bank and Stoneridge, which respectively limited "aiding and abetting" and "secondary actor" liability.
Push by plaintiff's securities bar in new Congress?
Related Entries:
- GAO on Stoneridge and secondary liability
- Around the web, August 1
- Around the web, December 28
- Specter introduces bill to overturn Stoneridge
- "Audit Firms' Litigation Woes Mount, Report Shows"
- Mayer Brown partner convicted in Refco case
- U.K.: "Auditors plead for help amid fear of lawsuits"
- Conte v. Wyeth will stand
- Suing auditors after the crash
- Vicarious wage-hour liability
- Non-Manufacturer Owes Duty to Product Consumer, says Federal Court
- Is it Vigilantism? And is that Bad?
- Insurance
- What About the Guy Next Door?
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| Isaac Gorodetski Project Manager, Center for Legal Policy at the Manhattan Institute igorodetski@manhattan-institute.org |
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| Bridget Carroll Press Officer, Manhattan Institute bcarroll@manhattan-institute.org |



