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Stoneridge investors had argued that Motorola (nyse: MOT - news - people ) and Scientific-Atlanta should be held liable in a complex "scheme to defraud" investors because of an agreement they had with Charter Communications (nasdaq: CHTR - news - people ), a cable company.
FORBES: Stoneridge And The Court
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Bank of America 's ( BAC - news - people ) Merrill Lynch, which also got caught up in the scheme, according to court documents filed by the federal government.
FORBES: ABB Entangled In Corruption Case
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The kickback scheme triggered a short-lived tsunami of stories in local and national news media.
FORBES: New York's Electricity Crisis Started Before Sandy
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The suit, filed in February, accuses the big banks of participating in a "massive" scheme to manipulate Overstock.com (nasdaq: OSTK - news - people ) shares by allowing naked short selling, in which a trader doesn't properly borrow stocks before selling them short.
FORBES: Naked Shorting Case Gains Traction