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. (Slack) that Section 11 liability applies to direct listing shares. This...