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"Exposure To Market Fraud Suits Is Not A Major Risk," Law360

Crude measures of exposure to securities class actions that allege violations of Section 10(b) and 20(a) of the Securities Exchange Act of 1934take the “change in target companies’ market capitalization over the class period.”[1] This measure of securities class action exposure to allegations of fraud-on-the-market exposure misses the mark. Continue Reading

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