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Corporate Governance

: The Harvard Law School Corporate Governance Blog

The Matrixx of Materiality and Statistical Significance in Securities Fraud Cases

By Harvard Law School Program on Corporate Governance

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Editor?s Note: The following post comes to us from David Tabak, Senior Vice President at National Economic Research Associates.

The US Supreme Court will soon consider whether information needs to be statistically significant for it to be deemed material and required to be disclosed by a company. To understand this issue, one must understand both statistical significance and materiality. If this is a topic of interest to you, then you may want to read a new NERA paper on the subject, The Matrixx of Materiality and Statistical Significance in Securities Fraud Cases. This is an expanded version of an article that you may have seen on Law360.com.

Click here to read the complete post...

Full post as published by The Harvard Law School Corporate Governance Blog on February 13, 2011 (boomark / email).

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