Sat 4 Nov 2020
Stock Buybacks, Dividend Equivalency, and Securities Fraud
Now that litigators of class-action lawsuits have expressed concern as to the fairness of stock buybacks that dominate the equity markets, it is time to look beyond the rationalizations of Wall Street and try to judge the legal perils inherent in the buyback movement. After all, if executives and directors come to find themselves in legal […]