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.
SOX includes a broad prohibition on obstruction of justice. Should that criminal statute apply to a commercial fisherman improperly disposing of undersized fish?
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.
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.
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?
Self-regulation of CEO pay by public companies is needed to reduce reactive legislative that could easily have unintended or even negative consequences.
Shareholder suits against public companies have become big business but in two cases in less than a year, the Supreme Court ruled against shareholders.
Major differences have existed in U.S. and European antitrust law but new regulations could have significant impact on business decisions for global companies.
Supreme Court case State Farm Mutual Automobile Insurance Co. v. Campbell provides some relief for businesses facing punitive damages lawsuits.
The new law seeks to require greater accountability by management and boards in the reporting of financial data. Will it be enough?
A divided Supreme Court works to clarify what business can and cannot do in several areas.