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In re Apple MagSafe Power Adapter Litigation oral argument in the Ninth Circuit Tuesday
Class counsel collected $3.1 million in the Apple MagSafe Power Adapter Litigation, but their putative clients received less than $900,000, and perhaps even less than $500,000—the…
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Is High-Frequency Trading a Form of Front-Running?
On 60 Minutes, Michael Lewis accused high-frequency traders of front-running. Apparently it’s become necessary to remind critics of high-frequency trading of the definition of “front-running.” Front-running – n. “The…
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CEI Podcast for April 3, 2014: Clean Air Act Costs and Benefits
Senior Fellow William Yeatman is skeptical of an EPA report claiming the Clean Air Act will have nearly $2 trillion in annual benefits by 2020.
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Is the Stock Market Really Rigged?
Everyone seems to be jumping into the debate about high-frequency trading, now that Michael Lewis is peddling his new book, Flash Boys. Lewis contends…
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Consumer’s Guide to Chemical Risk
Will these chemicals make me fat? That sounds like a weird question, but some consumers may actually have such worries, thanks to a constant barrage…
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Taxable Bitcoins: Property or Money?
Is Bitcoin currency or property? It depends on which parts of the federal government you ask. Last week the Internal Revenue Service (IRS) announced that bitcoins…