As Glom readers know, we aren't quick to blog about political issues, but many times the political realm overlaps into the business law realm, and there we are. As such, last week while in Denver at the Law & Society Conference, all I was wondering about the potential Justice Sonia Sotomayor was what this would mean for securities law issues. Although much of the MSM and blogosphere likes to talk about Sotomayor's humble roots, her role as a Latina lawyer and then judge, and her view on hot-button political topics, not much has been said about the fact that she's been a judge at the heart of securities litigation -- the Southern District of New York and the Second Circuit. Unfortunately, according to this National Law Journal article, no senator will waste his/her moment of televised glory to ask about Sotomayor's thoughts on the PSLRA!
With journalists and academics out there scouring her opinions for clues as to her leanings on issues such as affirmative action, employment discrimination and abortion, someone should take a look at her actions on private securities litigation! But, my associate dean tells me it won't be me today. I'm a little behind on grading. . . .
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