The Supreme Court on Tuesday curbed investor lawsuits against businesses accused of scheming to inflate stock prices. In a 5-3 ruling, the court gave a measure of protection from securities suits to suppliers, banks, accountants and law firms that do business with publicly traded companies.
January 15, 2008 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
The Supreme Court on Tuesday curbed investor lawsuits against businesses accused of scheming to inflate stock prices.
In a 5-3 ruling, the court gave a measure of protection from securities suits to suppliers, banks, accountants and law firms that do business with publicly traded companies.
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