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Is frivolous U.S. litigation preventing foreign companies from entering our public securities markets?
Regulatory and litigation reforms are necessary to create a more hospitable environment for financial transactions in the United States.
Judges and politiciansmust not allow securities litigation to continue to spiral out of control.
Trial lawyers used the Enron scandal to successfully and legally extort billions of dollars from investment banks with a legally meritless lawsuit.
The authors argue that the Sarbanes-Oxley Act of 2002 (SOX) is a colossal failure, yet seek to salvage some lessons from the ruins of SOX.
Judges and politiciansmust not allow securities litigation to continue to spiral out of control.
The Democrats have been very vocal in opposing free trade agreements but have not paid any attention to the drastic flight of financial markets out of the United States.
