Weighing what has been billed as the securities fraud case of the decade, the Supreme Court on Tuesday seemed poised to slam the door shut on investor class actions aimed at deep-pocket third-party defendants such as accountants, lawyers and bankers.

The fast-paced, hourlong oral arguments in Stoneridge Investment Partners v. Scientific-Atlanta and Motorola played out before a Supreme Court chamber packed with spectators, including Enron plaintiffs, who have a big stake in the outcome of the case.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]