April 6, 2009


Journal of Business and Securities Law Cited in District Court Ruling

East Lansing, MI — The student-run Journal of Business and Securities Law (JBSL) at the Michigan State University College of Law was recently cited in a federal district court decision by the Hon. Christopher F. Droney of the U.S. District Court of Connecticut.

The article, "Rediscovering the Economics of Loss Causation," was cited in Footnote #3 in the October 31, 2008 decision of United States v. Ferguson. The ruling involved several sentencing issues in a case involving conspiracy, securities fraud, making false statements to the U.S. Securities & Exchange Commission (SEC), and mail fraud based on a fraudulent reinsurance contract between the American International Group, Inc. (AIG) and General Reinsurance Corporation.

JBSL is an independent journal produced by MSU College of Law students. It provides insight into legal issues surrounding the business community through publications of articles and other commentary, as well as through publication of the transcript of the MSU College of Law Annual Midwest Securities Law Institute. JBSL accepts submissions written by law school faculty, active members of the legal community, and other members of the legal profession.

MSU Law will be considering awarding JBSL official journal status later this year.

MSU College of Law was in founded in 1891 as the Detroit College of Law and was devoted exclusively to professional education in law. The Law College is one of only a few private law schools to be affiliated with a research university, enabling it to provide a comprehensive interdisciplinary legal education program. Classes offered in its state-of-the-art facilities provide students the benefits of a Big Ten campus while maintaining a small school culture. For more information about the Law College, visit


320B Law College Building
East Lansing, MI 48824