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Case Details

Case: Stoneridge Investment Partners, LLC v. Scientific-Atlanta, Inc., et al.
Subject(s): Securities Exchange Act, Rule 10b-5, class actions, scheme liability
Appealed from: Eighth Circuit Court of Appeals

Docket No: 06-43
Decision Rendered: No
Decision: None

Question(s) presented: Whether Sec. 10(b) of the Securities Exchange Act permits investors to sue participants in fraudulent schemes even if they did were not involved in issuing or communicating about the stock held by the consumers.

Holding of appellate court: The Eighth Circuit Court of Appeals affirmed the case.

Date of Oral Arguments Your Prediction Your Prediction by Justice Update
Affirm Reverse Vacate Justice Affirm Reverse Vacate
Oct 09, 2007 Alito
Breyer
Ginsburg
Kennedy
Roberts
Scalia
Souter
Stevens
Thomas