Event studies have become increasingly important in securities fraud litigation after the Supreme Court's decision in … fraud, including materiality, reliance, causation, and damages. As the use of event studies grows and they increasingly … securities fraud litigation. It starts by describing the basic function of the event study: to determine whether a highly unusual …

This paper describes the empirical universe of financial fraud as it has been documented in the academic literature … of financial fraud: financial statement fraud, financial scams, and fraudulent financial mis-selling. What emerges is a … picture of financial fraud as a complex phenomenon that can take very different forms, depending on the market segments in …

corporate fraud occurs and how best to deter it and compensate its victims; the search for an edge via insider trading; the …