Stoneridge Investment Partners v. Scientific-Atlanta

·2008

What the Court Decided

The Court applied Sandoval's framework to decline to extend an implied private right of action under securities law to secondary actors in a fraud scheme.

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Cited In

FS Credit Opportunities Corp. v. Saba Capital Master Fund

2025 Term · 24-345

Cited by petitioners as showing the Court applied Sandoval's restrictive approach in subsequent cases, demonstrating the Court 'really meant' a clear statement rule.