Nov 13, 2007 | Notes, Number 1, Print Edition, Volume 41
In 2006, Larry Millette believed that if he continued to work at International Business Machine’s (IBM) factory for another fifteen years, in addition to the sixteen years he worked at Digital Equipment Corporation, he would retire comfortably on the combined pension...
Nov 13, 2007 | Case Comments, Number 1, Print Edition, Volume 41
Section 10(b) of the Securities Exchange Act of 1934 makes it illegal for a person “to use or employ, in connection with the purchase or sale of any security . . . any manipulative or deceptive device . . . .” In 1994, the Supreme Court held that a secondary party is...