"standard assumption of
market efficiency": "there is no
heterogeneity in shareholder valuations" https://t.co/GjjPk5SAoo #corpgov
— Stefan Padfield (@ProfPadfield) October 20, 2015
"Courts are divided": "SLUSA…to completely eliminate states' concurrent jurisdiction over Securities Act claims"? https://t.co/aFpcnLLxXX
— Stefan Padfield (@ProfPadfield) October 25, 2015
"the court held the reference to 'very strong' sales was not puffery" https://t.co/vwYvuSDZk3 #corpgov
— Stefan Padfield (@ProfPadfield) October 22, 2015
Cunningham: "RULLCA contains many fine provisions, but … I don’t think states should adopt it" https://t.co/npxH5Tl4uW #corpgov
— Stefan Padfield (@ProfPadfield) October 21, 2015
"civil law based jurisdictions put less emphasis on the disclosure of conflicts of interest" https://t.co/ZOsngfuaha #corpgov
— Stefan Padfield (@ProfPadfield) October 20, 2015