In the News Today – February 27, 2014

The Supreme Court ruled that investors in a Ponzi scheme can sue third parties, including law firms and insurance brokers, finding that the securities aren’t covered by the SLUSA. National Law Journal

Trial lawyers, who have traditionally backed Democrats, are getting involved in GOP primaries for the Texas Supreme Court in the hopes of getting sympathetic justices elected to the bench, writes Kate Bachelder in the Wall Street Journal.

The head of the SEC’s whistleblower office says the agency is actively looking to intervene in suits that will shape the judicial interpretation of retaliation protections. Main Justice