id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
inlawrev-2894	Kaufman, Michael J.	Loss Causation: Exposing a Fraud on Securities Law Jurisprudence	1991	42	.pdf	application/pdf	19993	995	60	Part II contends that the arguments advanced in favor of loss causation, based on the statutory scheme underlying the federal securities laws, United States Supreme Court causation decisions, the common law, and public policy, do not support the view that securities fraud plaintiffs must show that the defendant's conduct caused the full decline in the value of their in- vestments before they can recover any damages. Indiana Law Review Loss Causation: Exposing a Fraud on Securities Law Jurisprudence Michael J. Kaufman* I. Introduction After creating the idea of **loss causation* *• in federal securities law cases, the federal courts have called the concept **ungainly,'*2 exotic,**' ** confusing,'*'* and even **unhappy.**^ One federal court has recognized that the full application of '*loss causation** to civil actions filed under Securities and Exchange Commission Rule lOb-5^ would entirely ** evis- cerate** that primary antifraud provision.^	cache/inlawrev-2894.pdf	txt/inlawrev-2894.txt