Judge Tosses Suit Against SEC Over Stanford Ponzi Scheme

U.S. District Judge Robert N. Scola dismissed a class action trying to hold the Securities and Exchange Commission liable for failing to root out former billionaire R. Allen Stanford's Ponzi scheme.

Source: http://www.law.com/jsp/law/sign_me_in.jsp?article=http://www.dailybusinessreview.com/PubArticleDBR.jsp?id=1202615321604&rss=newswire

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