By Anat Alon-Beck, Robert Rapp, and John Livingstone
Authors Anat Alon-Beck, Robert Rapp, and John Livingstone discuss the use of direct listings as an alternative to the traditional IPO and highlight the underwriter liability and governance questions that could promulgate investor protection concerns for years to come.
Download the full article (PDF) here.
Hein | Lexis
Anat Alon-Beck, Probert Rapp & John Livingstone, Investment Bankers as Underwriters—Barbarians or Gatekeepers? A Response to Brent Horton on Direct Listings, 73 SMU L. Rev. F. 251 (2020).
Further Related Reads
- Brent J. Horton, Spotify’s Direct Listing: Is it a Recipe for Gatekeeper Failure?, 72 SMU L. Rev. 177 (2019).
- Roberta S. Karmel, The Future of Corporate Governance Listing Requirements, 54 SMU L. Rev. 325 (2001).
- Marc I. Steinberg, Curtailing Investor Protection Under the Securities Laws: Good for the Economy, 55 SMU L. Rev. 347 (2002).