When Supreme Court justices return to the bench Monday after a three-month summer break, R. Allen Stanford’s $7 billion Ponzi scheme will await them. The court will hear oral arguments on the first day of its 2013-14 term to decide whether Mr. Stanford’s victims should be allowed to sue third parties such as law firms and insurance brokers on allegations that they aided Mr. Stanford’s scheme. Advocates for the defendants warn that allowing such lawsuits could compromise congressional efforts to curb unwarranted litigation that affects securities markets. More in the Wall Street Journal here.
