The Supreme Court's endorsement of the fraud-on-the-market theory in Basic, Inc. v. Levinson established the efficient capital markets hypothesis (ECMH), a cornerstone of modern finance theory, as a decisive tool for resolving legal disputes involving securities fraud and matters of corporate disclosure. Although the ECMH has long been an integral part of legal scholarship on the nature and purpose of securities regulation, courts have treated it with suspicion, except when ignoring or misapplying it. This article analyzes the adoption of the ECMH by the Court in Basic, Inc. v. Levinson.
The export option will allow you to export the current search results of the entered query to a file. Different
formats are available for download. To export the items, click on the button corresponding with the preferred download format.
By default, clicking on the export buttons will result in a download of the allowed maximum amount of items.
To select a subset of the search results, click "Selective Export" button and make a selection of the items you want to export.
The amount of items that can be exported at once is similarly restricted as the full export.
After making a selection, click one of the export format buttons. The amount of items that will be exported is indicated in the bubble next to export format.