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Securities Law Commons

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Full-Text Articles in Securities Law

Cash Tender Offers: Judicial Interpretation Of Section 14(E), Alan J. Ross Jan 1974

Cash Tender Offers: Judicial Interpretation Of Section 14(E), Alan J. Ross

Cleveland State Law Review

In the past fifteen years, the frequency of corporate takeover attempts in the form of cash tender offers has increased dramatically. During most of this period, cash tender offers were outside the scope of the federal securities laws. It was not until 1968 that Congress amended the Securities Exchange Act of 1934 by passing the Williams Act for the express purpose of placing the, cash tender offer under federal regulation. Section 14(e), the antifraud provision of the Williams Act, has been much litigated in the short time since its passage, and the meaning of the section is slowly being clarified. …


Scienter And Rule 10b-5: Development Of A New Standard..., Alan J. Ross, James F. Sealler Jan 1974

Scienter And Rule 10b-5: Development Of A New Standard..., Alan J. Ross, James F. Sealler

Cleveland State Law Review

The Securities and Exchange Act of 1934 has had extensive impact on public awareness of corporate information, and has unquestionably provided substantial protection to the investing public. The anti-fraud provisions of this act, and the regulations promulgated thereunder, engendered a number of issues material to the determination of the standards for violations. Perhaps the most difficult and confusing of these issues has been the concept of scienter.