U.S. Supreme Court Backs Shareholder Lawsuits Over IPOs

Photo of U.S. Supreme Court Backs Shareholder Lawsuits Over IPOs
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Visitors walk in front of the U.S. Supreme Court building in Washington, D.C., U.S., on Tuesday, Feb. 16, 2016 Justice Antonin Scalia's unexpected death, and Senate Republicans' refusal to confirm a successor while President Barack Obama is in office, threatens to ignite a year-long battle over the court's future. Photographer: Bloomberg/Bloomberg

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#elena kagan
#ipos
#consumer discretionary