What A Solar Eclipse Has To Do With Market Efficiency

By Daniel Bettencourt and Steven Feinstein (Law360 November 17, 2017, 11:28 AM EST) To read the full article, please click here or read below. On Nov. 6, 2017, the United States Court of Appeals for the Second Circuit issued an opinion in Strougo v. Barclays PLC, upholding the district court’s certification of the investor class despite […]


By Andrew N. Kleit, Ph.D. Crowninshield Financial Research* To read the full article, please click here or read below. As the director of the Penn State Electricity Markets Initiative, a great deal of my research involves the “restructuring” of electricity markets in several U.S. states and countries around the world. In contrast to the deregulation of the […]

If the Auditors Sign Off, Does That Make It Okay?

Auditor Signature P. Smith

Lawrence A. Weiss, an Accounting Expert with Crowninshield, published an article in the Harvard Business Review regarding the role of auditors in the case of Enron. Professor Weiss discusses regulation and prevention of fraud in class action securities cases.

Market Signals Of Investment Unsuitability

by Steven P. Feinstein, Ph.D., CFA, Alexander Liss and Steven Achatz, Crowninshield Financial Research LLC As published in Law360 To read the full article, please click here or read below. The financial market crisis of the past several years saw the demise of many formerly venerable banking institutions.Lehman Brothers, Merrill Lynch and Bear Stearns, among numerous other […]