SCOTUScast 10-24-07 featuring Stephen Bainbridge
Stoneridge Investment v. Scientific Atlanta
On October 9th, 2007, the Supreme Court heard oral arguments in the Stoneridge Investment v. Scientific Atlanta case. In a securities law case of paramount importance, the Court is asked to consider under what (if any) circumstances private investors can sue actors – whether accountants, lawyers, financial advisors or other businesses – that allegedly participate in a scheme to violate Section 10(b) of the Securities Exchange Act of 1934. In this episode of SCOTUScast, UCLA law professor Stephen Bainbridge offers his own analysis of the case.
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