LAW 411P - Securities Fraud Practicum.

This practicum course is designed to simulate the litigation that arises when individual or institutional investors believe their investment decisions have been based upon fraudulent statements by a public company or upon the company’s omissions of material facts. The principal objective of the class will be to learn the essential principles of securities fraud law while exploring how those principles play out in factual situations that students can expect to encounter in practice. Students will advise their clients about litigation options (including the possibility of a class action suit), the causes of action that could be asserted, the costs and risks of litigation, and the likely results. Students will draft pleadings, make a discovery plan, prepare and respond to discovery requests, review and analyze financial records, review and analyze the company’s public statements, and draft and argue motions. Five hours. Evans Not offered in 2013-2014.