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Riding the Roller Coaster of Securities Fraud Decisions

Special to Law.com

July 6, 2007

Over the past decade securities fraud class actions have taken the business world -- especially, advisers to public companies such as law firms -- on a roller-coaster ride. Torys attorneys Christopher Caparelli and Ian Goldrich analyze Supreme Court decisions that affected the momentum along with the enactment of the Sarbanes-Oxley Act. But the impact of past decisions may pale in comparison to the Court's resolution, to be made next year, of Stoneridge Investment Partners v. Scientific-Atlanta.

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