LAW 743-03 Securities Litigation

From the billion dollar lawsuits that threaten Wall Street titans to claims by "mom and pop" investors that their broker sold them a bad stock, securities litigation has become big business for lawyers of all walks of life. In the wake of the financial crisis of 2008, investment-related litigation has exploded, dominating media headlines and court dockets. At the same time, as America's baby-boom generation approaches retirement relying on stock portfolio nest eggs, investor-related disputes have the potential to affect virtually all future lawyers' clientele. This course is intended to provide an introduction to securities litigation, not only for students who are interested in developing a practice in the area, but also for those who plan to practice business law and those that simply seek a sufficient knowledge base to competently advise clients who present problems regarding their investments. The course will also explore topics concerning disputes common to the owners of small businesses organized as closely held corporations, limited partnerships and limited liability companies, providing students with an overview of the typical issues arising in resolving internal business disputes. Expected topics include federal securities claims, shareholder derivative litigation, litigating state "Blue Sky" claims, internal corporate governance issues and broker-dealer investor litigation. There are no prerequisites but students are strongly encouraged to have completed the required course in Law 551 Business Organizations prior to enrolling. Limited to 20 students.