Supreme Court grants unanimous win for common sense

The Washington Examiner reports:

In Omnicare v. Laborers District Council, all nine justices agreed that when shareholders sue a corporation for making false statements of opinion in their filings, they must establish that the statements were knowingly false. This may seem like a minor or obscure matter, but the decision nibbles around the edges of an increasingly lucrative (for trial lawyers) field of lawsuits — those brought by aggrieved shareholders, often as class-action cases, when their stock loses value.

The lawyers lose a big one.