Congress imposed a "very high burden" for shareholders to meet before they can sue companies they suspect of fraud, the Bush administration told the Supreme Court yesterday, as justices considered the balance between deterring corporate wrongdoing and discouraging speculative lawsuits. -
The Right to Sue Vs. Suing Too Easily
Congress imposed a "very high burden" for shareholders to meet before they can sue companies they suspect of fraud, the Bush administration told the Supreme Court yesterday, as justices considered the balance between deterring corporate wrongdoing and discouraging speculative lawsuits.-
By Robert Barnes and Carrie Johnson