Multiple Choice
Which of the following was the ruling by a majority of the court in Stoneridge Inv. Partners, LLC v. Scientific-Atlanta, Inc., the case in the text in which the U.S. Supreme Court addressed the issue of the liability of bankers, lawyers, and other third parties who did not directly mislead investors but worked with corporations that did?
A) That bankers, lawyers, and other third parties who did not directly mislead investors but worked with corporations that did can be held liable to the same extent as the primary wrongdoers.
B) That bankers, lawyers, and other third parties who did not directly mislead investors but worked with corporations that did could be held liable to shareholders only if the primary wrongdoers were insolvent and also that the secondary wrongdoers could be punished by criminal prosecution and enforcement actions by the SEC.
C) That bankers, lawyers, and other third parties who did not directly mislead investors but worked with corporations that did could be held liable to shareholders only if the primary wrongdoers were insolvent and also that the secondary wrongdoers could not be punished by criminal prosecution and enforcement actions by the SEC.
D) That bankers, lawyers, and other third parties who did not directly mislead investors but worked with corporations that did cannot be sued by shareholders and also cannot be held criminally liable or subject to enforcement actions by the SEC.
E) That bankers, lawyers, and other third parties who did not directly mislead investors but worked with corporations that did cannot be sued by shareholders but can be subject to criminal prosecutions and enforcement actions by the SEC.
Correct Answer:

Verified
Correct Answer:
Verified
Q24: Under the Securities Exchange Act of 1934,corporate
Q33: Which of the following is a person
Q52: Set forth the four major responsibilities of
Q55: Which of the following was the result
Q56: Chinese law fails to provide securities regulation.
Q58: Which of the following would be considered
Q59: Reference - Presidential Profits. Linda was president
Q60: Which of the following is true regarding
Q61: Which of the following is the period
Q62: Reference - Coffee shops. Bernice wants to