In this Q&A, we speak with Professor David Denis, who researched the empirical data on fairness opinions and published “Information Production by Investment Banks: Evidence from Fairness Opinions” last year in the Journal of Law and Economics. This article directly examines whether financial advisors’ fairness opinions tend to under- or over-value the acquisition target and, if so, by how much. To read the interview, click the link below.
Securities Litigation Flash: Q2 2024
In this edition of CRA’s Securities Litigation Flash, we cover Section 10 (b) and Section 11 filings and settlements from Q2 2024. Filing trends Section 10(b)...