Article Title
Private Equity & Private Suits: Using 10B-5 Antifraud Suits to Discipline a Transforming Industry
Abstract
This note demonstrates why private equity will no longer be able to avoid private investor suits as it has (mostly) done in the past and explores the industry’s response to a growing number of investor suits. Notably, the industry has already begun to shift its strategy from regulatory avoidance to regulatory capture, at least in part to avoid investor suits. Given these changes, this note proposes that the best way to maintain discipline in the transforming private equity market is to protect the ability of investors to bring private suits.
Recommended Citation
Kenneth J. Black, Private Equity & Private Suits: Using 10B-5 Antifraud Suits to Discipline a Transforming Industry, 2 MICH. J. PRIVATE EQUITY & VENTURE CAPITAL L. 271 (2013).
Included in
Administrative Law Commons, Banking and Finance Law Commons, Business Organizations Law Commons, Legislation Commons
Notes
Volumes 1 - 3 of the Review were published under the title Michigan Journal of Private Equity & Venture Capital Law.