Stephen Bainbridge on 'Stoneridge Investment v. Scientific Atlanta'

October 24, 2007 SCOTUScast audio by Stephen Bainbridge, William D. Warren Professor of Law, UCLA Law School, (and blogger)

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.