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- Title
IN RE WILLIAMS SECURITIES LITIGATION- WCG SUBCLASS: PUBLICLY TRADED CORPORATIONS WIN LENIENCY IN THEIR REPRESENTATIONS AFTER THE TENTH CIRCUIT REDEFINES LOSS CAUSATION IN PRIVATE ACTIONS FOR SECURITIES FRAUD.
- Authors
Christensen, Jeremy T.
- Abstract
The article examines the facts and holdings of the case In Re Williams and reviews the reasoning of the Tenth Circuit to justify the decision in the U.S. The author examines the conclusion of the court after the investors failed to establish the element of loss causation. In addition, the failure of the Circuit to follow federal precedent that requires investors to prove losses is illustrated.
- Subjects
UNITED States; WILLIAMS Cos. Inc.; SECURITIES fraud; LENIENCY (Law); UNITED States. Court of Appeals (10th Circuit); INVESTORS; LEGAL precedent; ACTIONS &; defenses (Law)
- Publication
Creighton Law Review, 2010, Vol 43, Issue 2, p563
- ISSN
0011-1155
- Publication type
Article