In this paper, Ann Lipton, an Associate Professor at Tulane Law School, contends that the “internal affairs” doctrine has gradually expanded its reach and, perhaps as a result, is now.
A new study estimates 40 per cent of companies commit accounting fraud, and 10 per cent commit securities fraud – destroying about $1.2 trillion of equity value in 2021.
On December 13, 2022, the United States Supreme Court granted a petition for certiorari to review a split decision by the Ninth Circuit holding that plaintiff-investors had standing.