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Some experts said today that the new regulation added little to existing securities fraud law, which already covers misleading or false research.
In 2006, Biovail sued several prominent hedge funds, including SAC Capital, contending that they colluded with independent research analysts to produce false research in an effort to drive down the company's stock price.
This led to the false research on Intel, TelCom Semiconductor and E-Stamp.
Rothstein thinks that argument might be overstated the posters do implicitly accuse Sarkar of "false research," he says.
"Based on Duke's investigation and ORI's review, officials concluded that Potti had included false research data in a grant application, a submitted manuscript, and nine research papers".
Overstock has alleged that the research firm issued intentionally false research that disparaged the companys accounting and management, timed to help client hedge fund Rocker Partners and others profit from a short position in its stock.
Similar(50)
Many or perhaps most published findings in medical research are false — researchers cannot reproduce them when they try to re-create the experiment.
If it is false that research invariably leads to better teaching, it is equally false to say that it never does.
Like most such stories, this one is not completely true — or rather, it elides many years of false starts, research, scientific collaboration and infighting.
I'd like to elaborate on an important point regarding my false memory research ("Harvard Advertises for People Abducted by Aliens, but the Truth Is Out There a Little Farther," news article, Dec. 18).
By asking participants to reflect and elaborate on childhood experiences – some real, some fabricated – the doyenne of false memory research, psychologist Elizabeth Loftus, has led people to develop wholly false memories, including strawberry ice-cream once making them sick and that they'd once met Bugs Bunny at Disneyland, an impossibility since Bugs Bunny is a Warner Bros character.
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