A ruling by the Supreme Court stating that "aiders and abettors" of fraud cannot be held secondarily liable under Rule 10b)for a private cause of action.

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The Supreme Court ruled in Central Bank of Denver v. First Interstate Bank of Denver that "aiders and abettors" of fraud cannot be held secondarily liable under Rule 10b-5 for a private cause of action.

A Ruling by the Supreme Court Stating That "Aiders and Abettors