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TELLABS, INC. v. MAKOR ISSUES & RIGHTS, LTD.

No. 06-484.

127 S.Ct. 2499 (2007)

551 U.S. 308

168 L.Ed.2d 179

TELLABS, INC., et al., Petitioners, v. MAKOR ISSUES & RIGHTS, LTD., et al.

Supreme Court of United States.

Decided June 21, 2007.

Attorney(s) appearing for the Case

Carter G. Phillips, Washington, DC, for petitioners.

Kannon K. Shanmugam, Washington, DC, for the United States as amicus curiae, by special leave of the Court, supporting petitioners.

Arthur R. Miller, New York, NY, for respondents.

David F. Graham, Hille R. Sheppard, Robert N. Hochman, Melanie E. Walker, Sidley Austin LLP, Chicago, Illinois, Carter G. Phillips, Counsel of Record, Richard D. Bernstein, Eamon P. Joyce, Sidley Austin LLP, Washington, D.C., for Petitioners.

Arthur R. Miller, Cambridge, MA, Melvyn I. Weiss, Jerome M. Congress, Richard H. Weiss, Counsel of Record, Clifford S. Goodstein, Milberg Weiss & Bershad LLP, New York, NY, for Respondents.

This Court has long recognized that meritorious private actions to enforce federal antifraud securities laws are an essential supplement to criminal prosecutions and civil enforcement actions brought, respectively, by the Department of Justice and the Securities and Exchange Commission (SEC)....

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