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The Supreme Court Rejects Liability of Customers, Suppliers and Other Secondary Actors in Private Securities Fraud Litigation

Advisory | February 2008
This advisory addresses the United States Supreme Court's decision, on January 15, 2008, in Stoneridge Investment Partners, LLC v. Scientific Atlanta, Inc., a case that was closely monitored by the securities litigation bar because of the impact it would have on the exposure of customers, suppliers and other secondary actors to liability in private federal securities fraud litigation.
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