Professor of Law
BA, Columbia University
JD, New York University School of Law
Areas of Interest
- Office Room 1402K
- Email email@example.com
- Phone 617-358-6194
David H. Webber is the author of a forthcoming book about labor’s shareholder activism, The Rise of the Working Class Shareholder, to be published by Harvard University Press in 2018. He is a leading expert on securities law and corporate governance. He has published articles in the New York University Law Review, the Northwestern University Law Review, and the Journal of Corporation Law, and has presented his research at the Harvard Stanford Yale Junior Faculty Forum, the Conference on Empirical Legal Studies, and the American Law and Economics Association conference, among others. Webber has published op-eds in the Washington Post, the Chicago Tribune, and Reuters, and has been interviewed by television, radio, and print media, including Nightly Business Report, NPR’s Marketplace, Knowledge@Wharton Business Radio, Agence France-Presse, Reuters, and others.
He is the winner of Boston University School of Law’s 2017 Michael Melton Award for Teaching Excellence.
Professor Webber’s assistant is Kristen Queenan. She can be reached at firstname.lastname@example.org or 617-353-3143.
David Webber, Against Goliath: Shareholder Activism and the Fight for the American Worker, Harvard University Press (forthcoming).
David Webber, "Lead Plaintiffs and Lead Counsel in Deal Litigation," in Research Handbook on Mergers & Acquisitions 319, Claire A. Hill & Steven D. Solomon, eds., Edward Elgar (2016). Publisher
David Webber & Adam Badawi, "Does the Quality of the Plaintiffs’ Law Firm Matter in Deal Litigation?" 41 Journal of Corporation Law 359 (2015).
David Webber, "The Plight of the Individual Investor in Securities Class Actions," 106 Northwestern University Law Review 157 (2012).
Securities Regulation: LAW JD 883
This course offers an introduction to federal securities regulation under the Securities Act of 1933 and the Securities Exchange Act of 1934. We will examine how the securities laws shape the process by which companies raise capital through IPOs, public offerings, and private placements. We will also focus on the mandatory disclosure regime for publicly traded companies and the related topics of securities fraud, insider trading, market manipulation, and shareholder voting. We will study core concepts such as the definition of a security and materiality. Finally, we will spend significant time examining the role of the SEC and private shareholder litigation in policing the securities laws. PREREQUISITE/COREQUISITE: Business Fundamentals is a prerequisite; Corporations is a corequisite. GRADING NOTICE: This course does not offer the CR/NC/H option.FALL 2016: LAW JD 883 A1 , Sep 6th to Dec 8th 2016
|Tue,Thu||10:40 am||12:40 pm||4||David H. Webber||LAW||605|
|Tue,Thu||10:40 am||12:40 pm||4||David H. Webber|
Shareholder Activism (S): LAW JD 928
The recent rise of shareholder activism has become one of the most important topics for investors, corporate managers, and lawyers, transforming the way that public companies are run. Investment funds of all types have turned to activist strategies, including hedge funds, mutual funds, pension funds, labor union funds, religious orders, and charitable foundations. These shareholders are no longer content to passively defer to senior managers and boards of directors while quietly collecting their dividends and hoping for share price appreciation. Some may demand specific business changes, others demand across-the board governance reforms, and still others may pursue environmental or social objectives. This course will explore the various forms of shareholder activism, and corporate responses to them. We will examine the debate over proxy access, say-on-pay initiatives, majority voting for directors, the corporate governance reform movement, corporate political activity, socially responsible investing, and shareholder litigation. In examining these issues we will discuss the costs and benefits of such activism. Students will also develop an appreciation for the institutional players that drive this activism, and for those that oppose it. Students should expect to hear from several guest speakers from all sides of the shareholder activist debate. PREREQUISITE: Corporations and Business Fundamentals (may be waived with instructor's permission). LIMITED WRITING REQUIREMENT OPTION: A limited number of students may be permitted to satisfy the upper-class writing requirement with the approval of the instructor. GRADING NOTICE: This class does not offer the CR/NC/H option. ** A student who fails to attend the initial meeting of a seminar (designated by an (S) in the title), or to obtain permission to be absent from either the instructor or the Registrar, may be administratively dropped from the seminar. Students who are on a wait list for a seminar are required to attend the first seminar meeting to be considered for enrollment.SPRG 2018: LAW JD 928 A1 , Jan 16th to Apr 24th 2018
|Tue||2:10 pm||4:10 pm||3||David H. Webber|
In the Media
- July 19, 2017
David Webber quoted in "Shareholder alert: SEC commissioner floats class-action-killing proposal," Reuters. read more
- May 25, 2017
David Webber interviewed by Knowledge@Wharton. read more
- April 20, 2017
David Webber quoted in “Shareholder Advocacy Tool Shut Down in Republican Plan,” Bloomberg BNA. read more
- April 18, 2017
Professor David Webber discusses efforts by large businesses to limit the say investors have in their companies in this Washington P... read more
- November 18, 2016
David Webber quoted in “Can America’s Companies Survive America’s Most Aggressive Investors?,” The Atlantic. read more
- September 9, 2016
David H. Webber featured in Delaware Business Times article. read more
- February 17, 2016
David Webber's piece is featured on the Columbia Law School Blue Sky blog. read more
- January 12, 2016
David Webber writes editorial for Washington Post read more
- October 28, 2015
Pension Funds Considering Fossil Fuel Divestment, Socially Responsible Investments Get Boost From Labor Department
David Webber quoted in International Business Times. read more