People who commit to buy a stock on Day 1 can't complain about misrepresentations that the stock issuer made on Day 2 or later. E.g., APA Excelsior III L.P. v. Premiere Techs., Inc., 476 F.3d 1261, 1267 (11th Cir. 2007). The later lies could not have induced you to buy the shares, the theory
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Guest Post: David Shank
By Barry Barnett on
Today, Blawgletter has the pleasure of giving honor to an item by one of our firm's newest lawyers, David Shank, late from a clerkship with the estimable and Honorable Barbara M. Lynn.
Mr. Shank spotted a big issue in a new Texas law that aims to cut back on what our lawmakers and…