Are lead managers liable for material misstatements in IPO disclosure documents?

At trial, the Tokyo District Court ruled that the lead manager was liable for damages incurred by the plaintiffs that had acquired shares through the IPO (the IPO plaintiffs). However, in a 23 March 2…
( read original story …)


Related Post

Investors looking beyond Tokyo
views 181
A former industrial city and one-time financial ce...
Yokohama shows off key waterfront rejuvenation pro...
views 284
Yokohama Bay Bridge, which separated cargo trucks ...
Can the earthquake in Lombok trigger volcanic acti...
views 39
The disaster in Lombok is reminiscent of the great...
What I Learned About Sexism as an Office Lady in J...
views 208
It was my first job out of college, and I was work...
Nikkei inches higher; crude rise supports oil-rela...
views 153
TOKYO, Dec 27 (Reuters) - Japan's Nikkei share ave...
Bank of Japan stays in holding pattern
views 132
As expected, the Bank of Japan's policy board vote...
Caroline Kennedy Leaves Japan After 3 Years as US ...
views 231
Caroline Kennedy is stepping down Wednesday after ...
Tokyo police arrest man, find multiple bodies in a...
views 189
The 27-year-old suspect, Takahiro Shiraishi, confe...
Downtown launches new company in Japan, partners w...
views 235
The business also runs a neighbouring rights divis...
The 25 most high-tech cities in the world
views 204
That may be because manufacturing has become a top...