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Quotation from Shearson/American Express Inc. v. McMahon by Supreme Court of the United States
“Yet, like a ghost reluctant to accept its eternal rest, the "colorable argument" surfaced again, this time in a concurring opinion.”
Shearson/American Express Inc. v. McMahon, Opinion of Justice Blackmun, concurring in part and dissenting in part, Part I (U.S. Reports text (Legal Information Institute))
Justice Blackmun describes the revival of an argument for distinguishing Exchange Act claims from Wilko.
Citation: "Yet, like a ghost reluctant to accept its eternal rest, the "colorable argument" surfaced again, this time in a concurring opinion." — Supreme Court of the United States, Shearson/American Express Inc. v. McMahon, Opinion of Justice Blackmun, concurring in part and dissenting in part, Part I (U.S. Reports text (Legal Information Institute)). (id shearson-american-express-v-mcmahon-q5)
Portrait: Sandra Day O'Connor crop, Library of Congress (Transferred by Sven Manguard,, Public domain.
