Large business enterprises, from the railroad barons of nineteenth century America to Amazon and Google today, are often perceived as important for...
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In response to the spread of COVID-19, the Federal Reserve has established fourteen ad hoc facilities to lend to financial firms, foreign central banks,...
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A high profile public debate is taking place over one of the oldest questions in corporate law, namely, “For whom is the corporation managed?” In...
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Event studies, a half-century-old approach to measuring the effect of events on stock prices, are now ubiquitous in securities fraud litigation. In...
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Most securities fraud class actions under SEC Rule 10b-5 involve revelation of negative information about the defendant company that should have been...
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