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Supreme Court wrestles with 'fraud-on-the-market' future

This article was originally published in Scrip

Executive Summary

While the oral arguments on 5 March brought clarity to where the four solidly liberal justices on the US Supreme Court stand in a case that could decide how class-action securities fraud lawsuits are handled in the future, it was foggier trying to deduce on which side the other five may align, although there was a lot of discussion about a "midway" solution.


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