Enron Shareholders Petition For High Court Review

Law360, New York (April 5, 2007, 12:00 AM EDT) -- Enron shareholders that suffered a setback when an appeals court threw out their class action suit against the now-defunct energy company’s underwriters have asked the U.S. Supreme Court to consider their case.

Plaintiffs, led by the University of California Board of Regents, have asked the Supreme Court to review a March 19 decision by the U.S. Court of Appeals for the Fifth Circuit that barred the group from suing the Wall Street firms that provided funding for Enron.

In the petition, filed April 5, the Board...
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