Free Republic

"....like the young high school coed I watched skewer an unctuous college professor some years ago. The setting is the Town of Rosendale, New York Recreation Center on July Fourth weekend where several dozen families have come to picnic together in the shade of the big pavilion. The afternoon sun is low in the sky, my children winding down in the pool, and I’m visiting other tables. Around one I find the husband of an acquaintance has captured an audience. He’s a tenured college professor at the State University at New Paltz whom I’ll call Dren Dravrah, PhD. A man...

Police arrested 22-year-old Abdul Walid Hamid of Hayward on the evening of Wednesday, Nov. 4, after he reportedly tore a crucifix from a person's neck and scared others at Stoneridge Shopping Center. Hamid, an employee at a mall kiosk near Starbucks, has been charged with battery, terrorist threats and grand theft. According to reports, Hamid was yelling "Allah is power" and "Islam is great" while holding a pen in a fist over his head. Witnesses said he shouted anti-Christian comments, said police. Lt. Mike Elerick of the Pleasanton Police Department said the man was not provoked and didn't threaten violence,...

This just in: The much-ballyhooed Stoneridge case has come down. Here’s the opinion. The Supreme Court has voted 5-3 that investors can’t bring private lawsuits against third parties in corporate-fraud cases unless they relied on actions by those parties when making investment decisions. (Justice Breyer did not participate in the case.) Here’s the early story from Dow Jones Newswires. For earlier Law Blog posts on Stoneridge, click here, here and here. Here, also, is an exchange on the issues from last year between two securities-law heavyweights. The case centered on the issue of “scheme liability,” i.e., whether third parties —...