Justice Alito’s Stock Portfolio Stands Apart on US Supreme Court
- Stock holdings are allowed, but force numerous case recusals
- Alito is the only justice with a stake in dozens of companies
Samuel Alito
Photographer: Eric Lee/BloombergThis article is for subscribers only.
Justice Samuel Alito is the only US Supreme Court member with a stake in more than two dozen individual companies, a distinction that threatens to sideline him from major business cases.
Alito or his wife own tens of thousands of dollars of stock in companies including Raytheon Co., ConocoPhillips and a subsidiary of Johnson & Johnson. The holdings may force him to recuse as oil companies challenge lawsuits blaming them for climate change and J&J tries to settle talc lawsuits by placing a subsidiary into bankruptcy.