Mere puffery? "91% of the FTSE100 refer in their annual reports to their high standards of business ethics" http://t.co/qXqula2KdR #corpgov

— Stefan Padfield (@ProfPadfield) March 17, 2015

Under Newman, unless "the tippee is particularly loquacious, sub-tippees will never be liable" http://t.co/yr6Y0sGvIE

— Stefan Padfield (@ProfPadfield) March 18, 2015

"when a duty of care breach is not the exclusive claim, a court may not dismiss based upon an exculpatory provision" 2002WL31584292 #corpgov

— Stefan Padfield (@ProfPadfield) March 18, 2015

"securities fraud class actions should be litigated as derivative actions" http://t.co/rA0GHmZTW1 #CorpGov

— Stefan Padfield (@ProfPadfield) March 20, 2015

SEC Chair on "the current state of shareholder activism; the shareholder proposal process; and fee-shifting bylaws" http://t.co/TMQbyNaJDt

— Stefan Padfield (@ProfPadfield) March 21, 2015