Commentary and analysis of two pending cases on the Supreme Court's 2012-13 docket, Amgen v. Connecticut Retirement Plans and Trust Funds, and Comcast Corp. v. Behrend. Both cases present the Court with unanswered questions concerning class certification procedure and present the Court with...

Using a sample of securities fraud class actions filed between 2003 and 2007, we study the impact of a widely-followed Supreme Court decision from that period, Tellabs, Inc. v. Makor Issues & Rights, Ltd. This decision clarified the law with respect to one of the most contested issues in...

In this contribution to the University of Louisville Law Review's Annual Carl A. Warns Labor and Employment Institute issue, I examine the Supreme Court's labor and employment-related decisions from the October Term 2012 (OT 2012). I argue that the Court's decisions assisted employers as...

We estimate the impact of U.S. state court characteristics on firm value by exploiting a U.S. Supreme Court ruling that exogenously changed firms' exposure to different courts. We find that increased exposure to more business-friendly courts is associated with positive announcement returns. We...

Neuroscientific evidence is increasingly being offered in court cases. Consequently, the legal system needs neuroscientists to act as expert witnesses who can explain the limitations and interpretations of neuroscientific findings so that judges and jurors can make informed and appropriate...

In life, there are times and quotes which are unforgettable. Historians can affirm the famous saying, ‘the Bourbon monarchy learnt nothing and forgot nothing from the 1789 French revolution’. This narrative depicts the troubles that befell the French King, Louis XVIII in 1830. Although he...

How does Supreme Court precedent affect lower court decisions when there is asymmetric probability of appellate review? Using securities fraud class actions filed between 2003 and 2007, we study the impact of a widely-followed Supreme Court decision from that period, Tellabs, Inc. v. Makor...