Financially Wronged? New Study Says Investors Should Go After Leadership Instead of Corporation Itself

Monday, April 26, 2010 - 15:01 in Mathematics & Economics

(PhysOrg.com) -- A new study by UC Assistant Professor of Law Lynn Bai and two colleagues quantifies the self-defeating aspects for shareholders who file class-action suits against corporations where they have holdings. As an alternative, the study says, target the corporate officers who signed off on the financial misdeeds.

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