The Supreme Court on Wednesday seemed open to the possibility of making it harder for investors to join to sue corporations for securities fraud — but maybe not as hard as companies that have to defend such lawsuits would like.

Tagged with: class action securities fraud U.S. Supreme Court

U.S. Supreme Court justices questioned whether prosecutors can retry a former Enron Corp. official on charges stemming from the accounting fraud that caused the energy-trading company’s 2001 collapse. F. Scott Yeager, a onetime business strategist for Enron’s broadband unit, contends ...

Tagged with: accounting fraud Antonin Scalia Constitution Double Jeopardy Enron Corp. F. Scott Yeager John Paul Stevens John Roberts Joseph Hirko Rex Shelby Samuel Buffone securities fraud Stephen Breyer U.S. Supreme Court

Schering-Plough Corp. and its joint venture with Merck & Co., marketers of cholesterol pill Vytorin, asked a judge overseeing a suit against them to toss out allegations from what they call a “repulsive, offensive and obscene” Web site. Investors sued ...

Tagged with: CafePharma cholesterol pill Merck & Co. Schering-Plough Corp. securities fraud Vytorin