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Articles 1 - 4 of 4
Full-Text Articles in Law
False Forward-Looking Statements And The Pslra's Safe Harbor, Ann Morales Olazabal
False Forward-Looking Statements And The Pslra's Safe Harbor, Ann Morales Olazabal
Indiana Law Journal
Voluntary public disclosure of soft information—corporate projections and predictions and other forward-looking statements—is now the norm, following a brief learning curve after the enactment of the Private Securities Litigation Reform Act’s safe harbor for forward-looking information in 1995. As a consequence, allegations of false forward-looking statements are also quite standard in today’s class action securities fraud pleading. This work addresses an emerging trend, spearheaded by the Seventh Circuit’s decision in Asher v. Baxter International, to introduce a subjective scienter or intent-like inquiry into consideration of the application of the PSLRA’s safe harbor. Numerous district courts have followed Asher’s lead, employing …
Prediction Markets And Law: A Skeptical Account, Rebecca Haw Allensworth
Prediction Markets And Law: A Skeptical Account, Rebecca Haw Allensworth
Vanderbilt Law School Faculty Publications
Enthusiasm for "many minds" arguments has infected legal academia. Scholars now champion the virtues of groupthink, something once thought to have only vices. It turns out that groups often outperform individuals in aggregating information, weighing alternatives, and making decisions. And although some of our legal institutions, such as Congress and juries, already harness the power of the crowd, others could be improved by multiplying the number of minds at work. "Multiplying" implies a simple mathematical formula for improving decisionmaking; modern many minds arguments are more sophisticated than that. They use incentive analyses, game theory, and statistics to study how and …
Who Is Bespeaking To Whom? Plaintiff Sophistication, Market Information, And Forward-Looking Statements, Jonathan B. Lurvey
Who Is Bespeaking To Whom? Plaintiff Sophistication, Market Information, And Forward-Looking Statements, Jonathan B. Lurvey
Duke Law Journal
No abstract provided.
The Sec Safe Harbor For Forecasts—A Step In The Right Direction?, Kimberly Till
The Sec Safe Harbor For Forecasts—A Step In The Right Direction?, Kimberly Till
Duke Law Journal
No abstract provided.