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Designing an 
Efficient Securities-Fraud Deterrence Regime

In order for capital markets to function well, investors need accurate information about securities. If investors do not trust firms’ disclosures, they will discount what they are willing to pay for securities, increasing the cost of capital and thereby making it more difficult, even for honest firms, to fund productive endeavors. Moreover, investment decisions based on inaccurate information distort the efficient allocation of resources in an economy.
United States United Kingdom Black Law Scottish Borders Criminal Law New York

Judge ponders repair and lost rental damages

Judge ponders repair and lost rental damages- (This is part one of a two-part series. Part two will publish Tuesday.)Calculating the correct amount of compensation in a case where leased equipment was damaged seemed simple — Indeck Power Equipment Co. wanted Graphic Packaging to pay repair costs...
Stevenc Seeger Frankh Easterbrook Indeck Power Equipment Co Linc Equipment Services Indeck Power Equipment Graphic Packaging

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Securities Litigation Update: Courts of Appeal Address the Exchange Act's Exclusive-Jurisdiction and Non-Waiver Provisions, the Duty to Disclose, and Scienter | Cadwalader, Wickersham & Taft LLP

In the first quarter of 2022, federal appellate courts issued a number of thought-provoking (albeit not monumental) decisions addressing the reach of the federal securities laws and, in...
New York United States Virgin Islands State Of Delaware Kennethk Lee Harryd Leinenweber

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