After the Fraud on the Market Doctrine: What Should Replace It?

, New York Law Journal

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In his Corporate Securities column, John C. Coffee Jr., the Adolf A. Berle Professor of Law at Columbia University Law School and Director of its Center on Corporate Governance, writes about the U.S. Supreme Court's coming decision in 'Halliburton v. Erica P. John Fund', which may overrule the "fraud on the market" doctrine that was announced over a quarter century ago in 'Basic v. Levinson'.

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