ScienceBlog: UC Research on Class-Action Lawsuits Featured
Featured is research by UC's Lynn Bai, assistant professor of law, looking at class-action lawsuits.
The research indicated that class-action lawsuits against financial companies would often be better aligned with the financial interests of the wronged investor if they were directed at corporate officers and advisors who oversaw questionable practices, rather than the actual corporation as a whole.
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