Washington University Law Quarterly
This Article proposes that investment bankers be held responsible to shareholders. As gatekeepers for corporate control transactions, investment bankers should be liable as delegates of the board, having the same fiduciary duties of care, candor, and loyalty that directors have, as well as a duty of skill.
Ted J. Fiflis,
Responsibility of Investment Bankers to Shareholders,
70 Wash. U. L. Q. 497
Available at: http://openscholarship.wustl.edu/law_lawreview/vol70/iss2/12