Tuesday, July 3, 2007

Will this lead to another Enron?

I recently wrote an article entitled, "Will this lead to another Enron?: The Supreme Court's Decision in Tellabs v. Makor." The full article is far too long to post here, but I'll give you a teaser:

"The Supreme Court’s holding in Tellabs v. Makor struck a blow to the fight against securities fraud. Many thought that securities law should – and could – be changed forever after Enron. Instead, it appears as though we have forgotten the lessons of Enron. If Sarbanes-Oxley was the step forward, then Tellabs must be the two steps back. Or is it? Before investors begin to fret and plaintiffs’ lawyers cry foul, a critical review of the case would be worthwhile."

For the full text of the article, e-mail me at elfesq@hotmail.com.