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Expert Analysis

Why The Reform Act Needs Reforming

Law360, New York (February 15, 2017, 2:37 PM EST) -- The history of securities and corporate governance litigation is full of wishes about the law that we later regret (or will), or are happy were not granted. Many of these are not obvious — and some will surprise people. From certain case-by-case tactical decisions, such as establishment of special litigation committees, to the (failed) attempt to abolish the fraud-on-the-market doctrine, to the very high standard for director liability for oversight failures, not everything that seems helpful to companies really is....

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