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Claim Character and Class Conflict in Securities Litigation

Booth, Richard A. - 2017

Persistent link: https://www.econbiz.de/10012962471

A Model of Shareholder Litigation as a Determinant of a Firm's Financial Policies

Talijan, Vuk - 2017

The option to file a lawsuit against an entrepreneur encourages shareholders to fund projects and to retain entrepreneurs. An entrepreneur, at risk of a lawsuit filing, may save cash as a precautionary measure. When cash accumulates and a lawsuit filing does not occur, an entrepreneur increases...

Persistent link: https://www.econbiz.de/10012968647

Information Bundling and Securities Litigation

Bliss, Barbara A. - 2020

We examine two distinct forms of information bundling that can occur when a firm releases a restatement: “positive bundling,” the release of good news with the restatement, and “negative bundling,” the release of additional bad news. We use a triple differences testing approach to...

Persistent link: https://www.econbiz.de/10012855434

RMBS Put-Back Litigations and the Efficient Allocation of Endogenous Risk Over Time

Miller, Robert T. - 2015

Persistent link: https://www.econbiz.de/10013032294

Rescuing International Investment Arbitration : Introducing Derivative Actions, Class Actions, and Compulsory Joinder

D'Agostino, Joseph - 2017

problems result. Replacing the current claims doctrine with derivative doctrine (IIA forms of derivative actions, class actions … thus decrease the perceived unfairness and inconsistency of the current system. In addition, derivative doctrine would …. Adopting derivative doctrine could avert a future crisis, similar to the one currently threatening IIA, in international …

Persistent link: https://www.econbiz.de/10012975406

Bankruptcy-Remote Transactions and Bankruptcy Law — A Comparative Approach (Part 2) : Can Parties Validly Waive Bankruptcy Proceedings?

Ramos Muñoz, David - 2016

Bankuptcy-remote transactions are sophisticated, but no longer a rarity, and should stop being considered as an oddity, or ‘marginal' case. Rather, they challenge some of bankruptcy law's most basic assumptions, on a practical, rather than theoretical, level.This article explores how...

Persistent link: https://www.econbiz.de/10012998776

Shareholder Litigation Rights and the Cost of Debt : Evidence from Derivative Lawsuits

Ni, Xiaoran - 2017

Exploiting the staggered adoption of universal demand (UD) laws as exogenous shocks to filing derivative lawsuits, we …

Persistent link: https://www.econbiz.de/10012968431

Shareholder Litigation and Insider Trading : Evidence from Derivative Litigation

Jung, Sumi - 2020

Universal Demand (UD) laws by different states. The UD laws substantially raise the hurdle for shareholders to file derivative … sales, after the passage of UD laws, suggesting derivative litigation serves a disciplinary role in curbing insider trading …. The deterrence effect of derivative litigation complements that of federal securities litigation, as it is effective in …

Persistent link: https://www.econbiz.de/10012853031

Litigation Risk and Cost Behavior : Evidence from Derivative Lawsuits

Li, Leye - 2018

This study explores whether managers' personal litigation risk impacts managerial empire building through the lens of their firms' cost behavior. Exploiting the staggered adoption of universal demand (UD) laws at the state-level in the U.S., we find a significant decrease in Selling, General &...

Persistent link: https://www.econbiz.de/10012933130

Legal Liability of Audit Committee Members in U.S. Shareholder Derivative Cases : Lessons Learned From Recent Litigation

Blythe, Stephen E. - 2020

This study focuses on U.S. shareholder derivative cases in which Audit Committee members were defendants. Three grounds …

Persistent link: https://www.econbiz.de/10012831122