What Makes a Market Efficient? Federal Court Lists Five Factors

Business Valuation UpdateVol. 12 No. 12
Legal and Court Case Update
December 2006
5047 Medical, Dental, and Hospital Equipment and Supplies
423450 Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers
securities litigation

In re Polymedica Corporation Securities Litigation (II)
2006 U.S. Dist. LEXIS 70079
September 28, 2006
US
Federal Court
Massachusetts
United States District Court
R. Alan Miller (plaintiffs); Frederick Dunbar (defendents)
Young

Summary

Federal court defines market efficiency, the five factors that prove it—and the financial analysis that does (and does not)—meet the burden of proof.

See Also

In re Polymedica Corporation Securities Litigation (II)

Federal court defines market efficiency, the five factors that prove it—and the financial analysis that does (and does not) meet the burden of proof.