Articles by Larry Bumgardner, JD

Larry Bumgardner, JD, is an associate professor of business law at Pepperdine University's Graziadio School of Business and Management. Previously, he served as executive director of the Ronald Reagan Presidential Foundation and the Reagan Center for Public Affairs in Simi Valley, California. A graduate of Vanderbilt University School of Law, he has also taught political science, public policy, and communications courses at Pepperdine.

A Whale of a Legal Tale

SOX includes a broad prohibition on obstruction of justice. Should that criminal statute apply to a commercial fisherman improperly disposing of undersized fish?

2015 Volume 18 Issue 2 - By

A Generic Problem: Should FDA Approval of Drugs Stop Consumers’ Suits for Injuries?

The Supreme Court has ruled federal law blocks consumers from suing for injuries from generic drugs, yet brand name drugs do not have the same protection.

2013 Volume 16 Issue 3 - By

UPDATE: Reforming Corporate America

In July 2002, Sarbanes-Oxley Act was enacted in response to fraud scandals at companies such as Enron and WorldCom; however, today the law is highly controversial and a target for frequent criticism from both business executives and politicians.

2012 Volume 15 Issue 1 - By

Lessons from the New Dodd-Frank Financial Regulatory Reform Law

The path to the new Dodd-Frank Wall Street Reform and Consumer Protection Act echoes that of another controversial business reform law, the Sarbanes-Oxley Act of 2002. What can be learned from these two laws and the business scandals that prompted them?

2010 Volume 13 Issue 4 - By

High CEO Pay Could Draw Renewed Attention in Election Year

Self-regulation of CEO pay by public companies is needed to reduce reactive legislative that could easily have unintended or even negative consequences.

2008 Volume 11 Issue 2 - By

Class Action Shareholder Suits Face Legal Setbacks

Shareholder suits against public companies have become big business but in two cases in less than a year, the Supreme Court ruled against shareholders.

2006 Volume 9 Issue 3 - By

Antitrust Law in the European Union

Major differences have existed in U.S. and European antitrust law but new regulations could have significant impact on business decisions for global companies.

2005 Volume 8 Issue 3 - By

Slowing Runaway Juries

Supreme Court case State Farm Mutual Automobile Insurance Co. v. Campbell provides some relief for businesses facing punitive damages lawsuits.

2004 Volume 7 Issue 1 - By

Reforming Corporate America

The new law seeks to require greater accountability by management and boards in the reporting of financial data. Will it be enough?

2003 Volume 6 Issue 1 - By

Supreme Court Sides With Business

A divided Supreme Court works to clarify what business can and cannot do in several areas.

2002 Volume 5 Issue 3 - By