SEC Rule Mandating Share Buyback Disclosure Challenged by Chamber
Stock buybacks are a common, and ever more popular, feature of our financial landscape. In 2022, corporations purchased $1.25 trillion...
What Happens When Precedent Has a Short Half Life
When are legal precedents not very durable? Often when they are established by the National Labor Relations Board (“NLRB”). Here’s an...
Court Cuts Investor Some Slack
In 2018, the New York Stock Exchange introduced a rule, which the SEC approved, authorizing companies to go public through a Selling...
You Can Still Make Fun of the Police (We Think)
Tu stultus es, Latin for “you are dumb,” is the motto of The Onion, a humor magazine which bills itself as “the world’s leading news...
ESOP's Fable
By now the story of the 2018 failure of the flight stabilization program of the Boeing 737 MAX is well known. The result was two fatal...
Court Casts Constitutional Cloud Over SEC Judges
George Jaresky is a hedge fund manager and conservative radio talk show host. In 2011, the Securities and Exchange Commission began an...
Are Activist Short Sellers Just Talking Their Own Book?
Short selling involves borrowing and then selling shares, placing a bet that they can later be bought back more cheaply to cover what the...
J & J Does the Texas Two Step
Maybe you thought the Texas two step was just a country dance. Not any more. It’s also the name given to a type of merger aimed at...
Google's Cost of Doing Business Got Higher
Google has provided us with a template for how not to deal with a corporate problem, and how to make a bad situation infinitely worse....
Citadel v. SEC: Fast and Furious
The latest battle over high-speed trading is being fought out in one of the nation’s federal appellate courts. The subject this time is a...
