Victims of R. Allen Stanford’s $7 billion Ponzi scheme can sue outside companies and law firms alleged to have played a role in the fraud, the U.S. Supreme Court ruled, dealing a setback to the securities industry.
Criminal defendants whose assets are frozen before trial aren’t entitled to a hearing at which they can challenge a grand jury’s finding that they probably committed a crime, a divided U.S. Supreme Court ruled.
U.S. Supreme Court justices questioned whether the Environmental Protection Agency had authority to impose permit requirements on power plants and factories in a test of President Barack Obama’s climate-change agenda.
President Obama has talked himself into a bind on the Keystone pipeline, which environmentalists turned into a litmus test for his commitment to fighting climate change. He might look for counsel to his own words, in 2005, arguing against the confirmation of John Roberts as chief justice of the Supreme Court.
With a single vote supporting President Barack Obama’s health-care law, Republican-appointed Chief Justice John Roberts asserted his independence and defused claims that partisanship rules the Supreme Court.