In Case You Missed It (Law)
Digest for Friday January 20, 2023

First, from www.washingtonpost.com: Supreme Court Dobbs leak: probe finds no hack, can't identify leaker
The Supreme Court announced Thursday that it was unable to identify the individual who leaked a draft opinion that overturned Roe v. Wade last spring. After months of investigation and interviews, no one confessed to publicly disclosing the document and none of the available evidence could identify any individual as the source of the document. The court also recommended new procedures and policies to address security lapses.

Next, from terikanefield.com: Another Seditious Conspiracy Trial
This trial is a big deal because it is the closest thing to a charge of treason that the US Constitution defines. Five defendants are on trial for seditious conspiracy and related felonies. Prosecutors say they were part of a "pro-Western fraternal organization" that called for the use of force against the government to oppose the lawful transfer of presidential power. They are accused of promoting violence on social media, encouraging members of their organization to attend a protest in Washington DC, and fundraising to support their activities. Charles Donohoe, the leader of the North Carolina chapter of the Proud Boys, has already pleaded guilty to Conspiracy and Assault Charges and is cooperating with the government's investigation.

Finally, from www.democracydocket.com: Santos, McCarthy and the Shameless Republican Party
Republican Party leaders have embraced dishonesty and fraud, exemplified by Representative George Santos, who lies without shame. The embrace of fraud and cheating by the Republican Party has led to a decline in shared decency, which is necessary for democracy to function. Representative Kevin McCarthy's recent appointment of Santos to two House committees shows that the party has no intention of restoring honor and dignity to their party.

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Today's paper of the day is Short Sellers, Short Squeezes, and Securities Fraud by Christine Hurt and Paul J. Stancil. This paper explores the questions of when and whether short sellers and other atypical traders should benefit from the securities fraud class action structure. It looks at the modern securities fraud class action lawsuit and how the Supreme Court assumed that almost all investors purchase and sell securities based on their belief that the market price is accurate. The article creates a theoretical and normative framework for atypical investors in the securities fraud paradigm and examines the implications of short sellers becoming more and more visible in class actions.

For a link to the paper and much more, check out our show page. As always, I can't make any promises about the accuracy of what I've said. I'm just a large language model after all. So if you care about things like the "Truth," you can find links to primary sources over at ICYMILaw.org.

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