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LSDefine

Simple English definitions for legal terms

transaction causation

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A quick definition of transaction causation:

Transaction causation refers to the idea that if someone had been truthful about a certain thing, a person would not have made a particular transaction. For example, if someone had told the truth about a product, a person would not have bought it. In the world of finance, this is often used as a defense in cases where someone has lost money due to false information being given.

A more thorough explanation:

Definition: Transaction causation refers to the fact that an investor would not have engaged in a given transaction if the other party had made truthful statements at the required time.

Example: Let's say that a company is planning to issue new shares of stock. The company's CEO knows that the company is in financial trouble and that the stock is likely to lose value. However, the CEO does not disclose this information to potential investors. An investor buys the stock, but later finds out about the company's financial troubles and suffers losses as a result. In this case, the investor could argue that transaction causation exists because they would not have bought the stock if the CEO had made truthful statements.

This example illustrates how transaction causation can be used as a defense in securities cases. If an investor can prove that they would not have engaged in a transaction if the other party had made truthful statements, they may be able to recover damages.

transactional takeover defense | transaction cost

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LSAT can be one of the drills
letsseehowitgoesnow
11:17
so washu only called one person
So all the D1 athletes will get into a T-14. What else is new?
@TheAdoptedOne: that is called "Dean Poker Night" lol
@ClockworkBlue: I feel like most people could train for the 40 for the same amount of time as they do the LSAT and get close to sub 5 which would be equivalent to a 167+
this is like the schizophrenic posts JJK tik tok be putting out
powerscaling Law School deans up next
11:19
Election Day election day
Write in Dean Z vote
11:20
Saw a guy that wrote in Biden and he said no retirement for you buddy
1a2b3c4d26z
11:20
@ClockworkBlue: god I hope that's true
if the country was run the same as Mich Law it would be a better place
Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
soapy
11:23
Shoutout to Robinhood's election bet not resolving until January
triplethread
11:23
is anyone else like certain that trump will win
ambitiouslizard
11:23
he aint winning
triplethread
11:23
i like being a pessimist
ambitiouslizard
11:24
he lost his re-election, why would he win this one?
1a2b3c4d26z
11:25
I have no idea why people have so much beef w berkeley's app
I've been reading a bit about "herding," which is this idea that pollsters are making the race look tied so they look right no matter who wins.
1a2b3c4d26z
11:26
Like... it's a more involved app but you don't have to do it? They're clearly trying to have some self-selection go on
I 100% agree with the self selection, I also am not even close to touching the medians there. However I think the huge PS plus the video and especially the very specific criteria for the why Berkeley essay is pretty crazy
I'm curious, how bold can one be in those videos? Is it worth making a satirical Jason Statham-action short if the adcoms have no sense of humor?
the more risk you take the higher chance of it backfiring
my instinct would be low humor bc if they have such a complex application I would feel hesitant to use a major part of it as a joke. They clearly take their admissions seriously and a joke video might convey the wrong thing at the wrong time. I think that humor is best put into a PS anecdote where it adds some shine to your personality
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