(DOWNLOAD) "Re-Evaluating Holder Actions: Giving Defrauded Securities Holders a Fighting Chance." by Notre Dame Law Review * eBook PDF Kindle ePub Free
eBook details
- Title: Re-Evaluating Holder Actions: Giving Defrauded Securities Holders a Fighting Chance.
- Author : Notre Dame Law Review
- Release Date : January 01, 2011
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 304 KB
Description
INTRODUCTION On November 8, 2001, Enron admitted that it had overstated its profit by more than half a billion dollars over the previous five years. (1) For many months leading up to this admission--and even the day of--the vast majority of securities analysts, relying on the fraudulent information provided by Enron, had recommended buying or holding Enron's stock. (2) Less than a month after investors learned the truth about Enron's financial condition, the company filed for Chapter 11 bankruptcy. (3)
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