BY: Alex Bonomo, RBFL Student Editor The battle for Spirit began in February 2022, when Frontier made a cash-and-stock offer for Spirit, valued at $2.9 billion.[1] Both companies’ boards of directors adopted their merger agreement on February 5, 2022.[2] On February 7, 2022, Frontier and Spirit announced their agreement,[3] leading to JetBlue’s announcement of its […]
BY: Katie Negron, RBFL Student Editor The Forbes 30 Under 30 List has grown to showcase and introduce people making substantial differences and innovations in their given community. Broken into several categories including tech, finance, medical, entertainment, and more, the list has evolved to become a notable achievement for many younger entrepreneurs. Over the course […]
BY: Will Jagiello, RBFL Student Editor Even with the greatest of efforts, progress towards solving a complex problem may be inexorably damaged by events completely out of the most skilled actor’s control. The budding NewSpace[1] sector that took the market by storm in 2020 (and continued astronomically through 2021) learned this lesson when Silicon Valley […]
BY: Jacob Chaas, RBFL Editor The laboratory of financial engineering’s latest concoction has received mixed reviews by pundits. Lauded by some as a “Technicolor Dreamcoat” and criticized as a “Frankenstein” by others, the collateralized fund obligation (“CFO”) transaction has seen an explosion in popularity in recent years. Naturally, these novel transactions raise new concerns for […]
BY: Caroline Estey, RBFL Editor Early last year, Elizabeth Holmes was charged with wire fraud for lying to investors about the capabilities of her company, Theranos. After news broke of the massive fraud, many wondered how and why it was able to happen. The answer to these questions appears to be connected to the regulation […]
BY: Tyler Bial, RBFL Student Editor With the ever-increasing polarization of American politics, both sides of the aisle have amplified their calls to restrict congressional insider trading in recent years. While Congress passed the STOCK Act in 2012 as an attempt to combat congressional insider trading, the STOCK Act is widely regarded as a failed […]
BY: Joseph Brav, RBFL Student Editor SEC Rule 14a-8[i] requires corporations to include eligible shareholders’ proposals in their proxy materials to be voted on at the next shareholder meeting. However, 14a-8 has various exceptions that corporations can rely on to exclude shareholder proposals. 14a-8’s most controversial exception is known as the “ordinary business exception,” which […]
BY: Megan R. Miller, RBFL Student Editor “Finfluencer” activity has exploded in recent years, especially during the COVID-19 pandemic. According to Bloomberg Wealth, “finfluencers” are online personalities who share financial advice, particularly on social media. Social media platforms like YouTube, TikTok, and Instagram are full of young people offering investment, budgeting, and other financial advice […]
BY: Matthew Rosen, RBFL Student Editor In April of 2021, the Supreme Court laid down a ruling that severely diminished the Federal Trade Commission’s ability to obtain monetary relief in federal court. In AMG Capital Management, LLC v. Federal Trade Commission (AMG v. FTC) the court radically overhauled the dynamic within the court system. The […]
BY: Margaux Arntson, RBFL Student Editor The COVID-19 pandemic (“pandemic”, “COVID-19”) and countries’ responsive containment measures brought shockwaves to the world, especially to worldwide supply and demand. The pandemic disrupted global production networks, leaving many countries’ economies in turmoil. This environment presented opportunistic buyers with the chance to acquire or invest in foreign sectors and […]