News about Supreme Court

This media criticism argues that The Washington Post’s lead on Stoneridge Investment Partners v. Scientific-Atlanta, a Supreme Court securities case, is not neutral because it highlights the Bush administration siding with accountants, bankers and lawyers. The author says liberal outlets such as the Huffington Post and TomPaine.com amplified an Enron-focused narrative while overlooking that the SEC can already pursue such third parties. The core legal question, the article explains, is whether private shareholders can sue third parties like investment banks, accountants or lawyers, and expanding that right could trigger a surge of litigation.