David H. Webber
Associate Dean for Intellectual Life
Professor of Law
Areas of Interest
- Office Room 1402K
- Email firstname.lastname@example.org
- Phone 617-358-6194
David H. Webber is the author of The Rise of the Working-Class Shareholder: Labor’s Last Best Weapon, published by Harvard University Press in April 2018. Webber has toured extensively for the book, and has published op-eds about it in the New York Times, the Washington Post, the Chicago Tribune, the Los Angeles Times, In These Times, and elsewhere. The book has been reviewed or otherwise covered in the New York Review of Books, the Financial Times (twice), Publisher’s Weekly, Bloomberg Radio, CSPAN’s BookTV, Forbes, the Harvard Law School Forum on Corporate Governance and Financial Regulation, the Harvard OnLabor blog, Cornell University’s ILR Review, Rorotoko, de Volkskrant, Calcalist, the Majority Report with Sam Seder, the David Pakman Show, Knowledge@Wharton Business Radio, Splinter News, and Dissent. The book will be translated and published in Korea in 2020. Webber has also been interviewed on a range of corporate governance matters by Nightly Business Report and NPR’s Marketplace.
Webber co-edited a second book, Research Handbook on Representative Shareholder Litigation (Elgar), published in November 2018. He has published scholarly articles including “The Use and Abuse of Labor’s Capital” in the New York University Law Review and “The Plight of the Individual Investor in Securities Class Actions” in the Northwestern University Law Review, with additional work forthcoming in the Vanderbilt Law Review and elsewhere. Webber 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.
Webber is the winner of Boston University School of Law’s 2017 Michael Melton Award for Teaching Excellence and co-winner of the 2020 Dean’s Service Award. He also co-teaches the Pensions and Capital Stewardship course for the Harvard Trade Union program at Harvard Law School. He is a graduate of Columbia and NYU Law School, where he was an editor for the law review.
Watch: Professor David Webber discusses The Rise of the Working Class Shareholder: Labor’s Last Best Weapon
David Webber, Michal Barzuza & Quinn Curtis, "Shareholder Value(s): Index Fund Activism and the New Millennial Corporate Governance," 93 Southern California Law Review (forthcoming).
David Webber, "The Other Janus and the Future of Labor’s Capital," 72 Vanderbilt Law Review 2087 (2019).
Research Handbook on Representative Shareholder Litigation, David Webber, Sean Griffith, Jessica Erickson & Verity Winship, eds., Edward Elgar Publishing (2018).
David Webber, The Rise of the Working Class Shareholder: Labor’s Last Best Weapon, Harvard University Press (2018).
David Webber, "Is 'Pay-to-Play' Driving Public Pension Fund Activism in Securities Class Actions? An Empirical Study," 90 Boston University Law Review 2031 (2010). Reprinted in 2011 Securities Law Review § 5:1 and in 53:1 Corporate Practice Commentator 219 (2011).
SSRN | HeinOnline (BU) | HeinOnline | Scholarly Commons
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.SPRG 2020: LAW JD 883 A1 , Jan 14th to Apr 21st 2020
|Tue,Thu||2:10 pm||4:10 pm||4||David H. Webber||LAW|
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. RECOMMENDED COURSES: Corporations and Business Fundamentals. 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 2020: LAW JD 928 A1 , Jan 14th to Apr 21st 2020
|Tue||10:40 am||12:40 pm||3||David H. Webber||LAW|
In the Media
- August 20, 2019
David Webber is featured in ValueWalk. read more
- July 23, 2019
David Webber is quoted in Bloomberg. read more
- July 23, 2019
David Webber and his new book are mentioned in Financial Times. read more
- June 12, 2019
David Webber contributed to a debate in Law and Political Economy. read more
- June 11, 2019
David Webber's new book is reviewed in the New York Review of Books. read more
- June 10, 2019
David Webber's book is featured in IPE. read more
- May 4, 2019
David H. Webber is featured on the David Feldman Show. read more
- December 19, 2018
David H. Webber's book discussed in the Financial Times. read more
- December 19, 2018
David H. Webber's book discussed in Forbes. read more
- October 11, 2018
David Webber discusses his recent book. read more