Michael Klausner ’81 to Give Wasserman Lecture April 23

Stanford Law professor Michael Klausner ’81 will discuss “Are Securities Class Actions ‘Supplemental’ to SEC Enforcement? An Empirical Analysis” at the Bert W. Wasserman Workshop in Law and Finance Thursday, April 23, at Yale Law School. It’s the final presentation on the 2008-2009 Wasserman Workshop schedule. The lecture begins at 12:15 p.m. in the Faculty Lounge and is open to the public. It is sponsored by the Yale Law School Center for the Study of Corporate Law. 

Michael Klausner is the Nancy and Charles Munger Professor of Business and Professor of Law at Stanford Law School. A scholar of corporate law and corporate governance, he has conducted in-depth empirical studies of outside director liability and takeover defenses in firms at their initial public offering. He also has done theoretical work on the overall structure and function of corporate law, and on various topics in nonprofit law. His recent scholarship has focused on securities litigation, directors’ and officers’ liability insurance, and the liability risk of outside directors.

Before joining the Stanford Law School faculty in 1997, he was a professor of law at New York University Law School, a White House Fellow and deputy associate director in the Office of Policy Development, and a corporate law practitioner with Gibson, Dunn & Crutcher. He clerked for Justice William Brennan of the Supreme Court of the United States and Judge David Bazelon of the U.S. Court of Appeals for the District of Columbia Circuit.

He holds a B.A. from the University of Pennsylvania, an M.A. in economics from Yale University, and a J.D. from Yale Law School.

The Bert W. Wasserman Workshop in Law and Finance was established by Craig Wasserman ’86 in memory and honor of his father, Bert W. Wasserman, a distinguished leader in the field of finance who exemplified the field’s highest professional and ethical standards. The goal of the workshop is to support the study of corporate law and finance by sponsoring workshops and discussion forums for the presentation of current research and the discussion of topical issues in law and finance by faculty from Yale and other universities, government officials and members of the bar.