Securities litigation is a multi-billion dollar enterprise that addresses a complex web of legal, economic, and public policy questions that often have international implications. The course focuses on "big-ticket" class actions associated with potential SEC enforcement proceedings, criminal exposure, and foreign liability. The BP oil spill, GM ignition recall, Enron fraud, and Foreign Corrupt Practices Act cases serve as touch points for analysis. In addition to teaching substantive skills useful for success as a litigator or transaction attorney, the course addresses a range of public policy questions, including optimal damage rules, whether entities or individuals should be held responsible for corporate wrongdoing, and the operation, consequences, and enforcement of anti-corruption regimes. Elements used in grading: Final Exam.
Instructors for this course (Past and Present)Ronald J. Gilson
Joseph A. Grundfest