Scott Foglietta

Scott Foglietta

September 27, 2021 | New York Law Journal

The Importance of Private Securities Litigation as a Complement to 'Worn Out' Regulators

A recent study concluded that an overburdened SEC tends to neglect the cases involving the greatest harm to investors. Accordingly, private securities litigation—where the law incentivizes investors to pursue cases that involve the largest shareholder losses—remains vital in enforcing the securities laws and serving as an important deterrent to corporate misconduct.

By Scott Foglietta and Brittney Balser

6 minute read