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Limited Resources at the SEC May Encourage Weak Cases

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In a recent blog post, a distinguished securities law expert opines that “[b]ecause the SEC is under great pressure to name individual defendants and because it is accustomed to a world in which most defendants settle quickly, it may be tempted to bring half-baked cases that eventually lose.” SEC enforcement: What has gone wrong?, John C. Coffee, Jr., The CLS Blue Sky Blog, January 2, 2013. http://clsbluesky.law.columbia.edu/2013/01/02/sec-enforcement-what-has-gone-wrong/

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