Estimating Economic Damages in Class Action Securities Fraud Litigation
Posted: 23 May 1999
This paper examines issues that an expert witness must resolve in estimating economic damages in class action lawsuits involving publicly traded common stock. These issues include measuring the extent to which misleading information distorted the price of the stock, determining the actual volume of purchases by public investors, and adjusting for in-and-out trading during the Class Period.
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