Liability for Non-Disclosure in Equity Financing
Harvard Corporate Governance
APRIL 22, 2022
Notably, the damage payment received by the outside investors is offset in part by the reduced value of their equity stake. Posted by Albert H. Choi (University of Michigan) and Kathryn E. Spier (Harvard Law School), on Friday, April 22, 2022 Editor's Note: Albert H. Choi is Paul G. Kauper Professor of Law at the University of Michigan and Kathryn E. Spier is Domenico De Sole Professor of Law at Harvard Law School. This post is based on their recent paper.