The United States Supreme Court held that there is no cause of action for aiding and abetting under Section 10(b) of the Securities and Exchange Act of 1934.
Central Bank, Denver, N.A. v. First Interstate Bank of Denver, N.A., 114 S. Ct. 1439 (1994).
Securities Regulation - Securities and Exchange Act of 1934 - Section 10(b) - Secondary Liability - Aiding and Abetting,
Duq. L. Rev.
Available at: https://dsc.duq.edu/dlr/vol33/iss4/12