David Babbel will be presenting at a Fellows Symposium on retirement benefits for a 21st century workforce. He will be presenting his paper written with Miguel Herce and Mark Meyer entitled “The Performance of TIAA’s Traditional Retirement Annuity for Selected Investment Cohorts, 1970 – 2005 Through 2013.”
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Section 11 damages computation for direct listings
In September 2021, the Ninth Circuit ruled in Pirani v. Slack Technologies, Inc.[1] (Slack) that Section 11 liability applies to direct listing shares. This...