WASHINGTON -- In a case involving Continental Bank Corp., the Supreme Court declined Monday to review a lower-court ruling that corporations may not be held responsible for employees' actions in civil suits filed under the Racketeer Influenced and Corrupt Organizations Act.

Chicago-based Continental, along with the defunct Penn Square Bank of Oklahoma City, were accused by investors of promoting the fraudulent sale of shares in flimsy oil and gas partnerships between 1979 and 1981.

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