Editorial: Supreme Court decision carries big burden

A pending Supreme Court decision stands to be the biggest securities ruling by the high court in a generation, The Wall Street Journal writes, and it could lead to a wave of anti-business litigation. A "bad ruling" in Stoneridge Investment v. Scientific Atlanta would allow trial lawyers to sue not just a company that engages in alleged wrongdoing, but any company that has done business with that company. The newspaper also criticized Securities and Exchange Commission Chairman Christopher Cox for siding against business in briefs filed in the case.

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