Chief Justice Re-Joins Stoneridge Securities Case

Law360, New York (September 21, 2007, 12:00 AM EDT) -- U.S. Chief Justice John Roberts has un-recused himself from a case that will decide whether private lawsuits can be brought against third-party companies that aided a different company’s securities fraud.

When the Supreme Court decided in March to hear the case, which pits Stoneridge Investment Partners LLC against Scientific-Atlanta Inc. and Motorola Inc., both Roberts and Justice Stephen Breyer recused themselves from the decision.

Both own stock in Cisco Systems Inc., the parent company of Scientific-Atlanta.

The Supreme Court docket said on Thursday, “The Chief Justice...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.