Faculty
Lin (Lynn) Bai

Contact Information

Education

  • BA (equivalent), Beijing University
  • LLM, Pennsylvania State University, the Dickinson School of Law
  • JD, University of Texas at Austin
  • PhD, Duke University

Links

Areas of Interest

  • Corporate Finance
  • Securities Regulation
  • Financial Institutions
  • Empirical Legal Methods
  • Property

Lin (Lynn) Bai
Assistant Professor of Law

Professor Bai holds a PhD in Finance from Duke University and a JD from The University of Texas at Austin. Following law school, she spent 10 years working in the areas of corporate finance and securities law in New York and Hong Kong as a corporate lawyer with O'Melveny & Myers, an investment banker with Oppenheimer & Co., and as a financial market regulator with the Hong Kong Securities and Futures Commission.

Publications

Presentations

  • The Role of Institutional Lead Plaintiffs in Securities Class Actions, Conference on the Future of Securities Fraud Litigation, Financial Economics Institute
    Claremont McKenna College, Claremont, CA (Feb. 2008)
  • Should Institutions Lead Securities Class Actions?—Empirical Evidence, University of Pittsburgh, School of Law (Jan. 2008)
  • The Uptick Rule of Short Sale Regulation—Can It Alleviate Downward Price Pressures from Negative Earnings Shocks?, 24th Annual European Association of Law and Economics, Copenhagen, Denmark (Sept. 2007)
  • Cross-Margining between Futures and Options, Conference on Financial Futures, Changsha, China (Nov. 1997)

Courses

  • Contemporary Issues in Business Regulation
  • Corporate Finance
  • Property

October 2009

Lynn was reappointed as Assistant Professor of Law for a term of three years. Her article, On Regulating Conflict of Interest in the Credit Rating Industry, was accepted for publication in the New York University Journal of Legislation and Public Policy. Lynn’s article, There are Plaintiffs and... There are Plaintiffs: An Empirical Analysis of Securities Class Action Settlements, 61 Vand. L. Rev. 350 (2008) (with James D. Cox & Randall S. Thomas), was cited in Adam Reiser, Compensating Defrauded Investors While Preserving the SEC's Mission of Deterrence: A Call for Congress to Counteract the Troubling Consequences of Stoneridge, 2009 Utah L. Rev. 257.

Summer 2009

Lynn published:

Lin presented Effectiveness of Current Regulation of Credit Rating Agencies as part of the 13th Annual UC Faculty Summer Scholarship Series.

June 2009

Lynn’s article, There are Plaintiffs and... There are Plaintiffs: An Empirical Analysis of Securities Class Action Settlements, 61 Vand. L. Rev. 350 (2008) (with James D. Cox & Randall S. Thomas), was cited in David F. Herr, Annotated Manual for Complex Litigation (Thomson-West, 2009 Supp.).

May 2009

Lin’s article, There are Plaintiffs and... There are Plaintiffs: An Empirical Analysis of Securities Class Action Settlements, 61 Vand. L. Rev. 350 (2008) (with James D. Cox (Duke) & Randall S. Thomas (Vanderbilt)), was selected as one of the Top 10 Corporate and Securities Articles of 2008 by the Corporate Practice Commentator.

April 2009

Lynn presented her latest paper, Deterring Double-Play Manipulation in Financial Crisis—Increasing Transaction Cost as a Regulatory Tool, 35 N.C. J. Int'l L. & Com. Reg. __ (2009) (with Rujing Meng (University of Hong Kong, Department of Finance and Economics) at the University of Kentucky as part of the College's Scholar Exchange Program.

Lynn was quoted in Betting on Bad Corporate News, Contra Costa Times, Mar. 17. 2009.

March 2009

Lynn acted as the discussant at a faculty workshop at the College by Paul Rose (Ohio State) on The Regulation of Shareholder Influence as part of the College’s Scholar Exchange Program.

February 2009

Lynn completed an article, Do Differences in Pleading Standards Cause Forum Shopping in Securities Class Actions?: Doctrinal and Empirical (with James D. Cox (Duke) & Randall S. Thomas (Vanderbilt)).

January 2009

Lynn’s article, Do Differences in Pleading Standards Cause Forum Shopping in Securities Class Actions?: Doctrinal and Empirical Analyses (with James D. Cox (Duke) & Randall S. Thomas (Vanderbilt)), was accepted for publication in the Wisconsin Law Review. Her article, There are Plaintiffs and... There are Plaintiffs: An Empirical Analysis of Securities Class Action Settlements, 61 Vand. L. Rev. 350 (2008) (with James D. Cox (Duke) & Randall S. Thomas (Vanderbilt)), was cited in Elizabeth Chamblee Burch, Securities Class Actions as Pragmatic Ex Post Regulation, 43 Ga. L. Rev. 63 (2008).

December 2008

Lynn moderated a panel discussion at the second annual ethics conference, The Role of the General Counsel in Advising Management and the Board of Directors, sponsored by the Corporate Law Center and the Association of Corporate Counsel, Southwest Ohio Chapter. Paul Heldman, General Counsel of the Kroger Company, was the keynote speaker.

November 2008

Lynn's article, There are Plaintiffs and... There are Plaintiffs: An Empirical Analysis of Securities Class Action Settlements (with James D. Cox & Randall S. Thomas), was cited in Amanda Rose, Reforming Securities Litigation Reform: Restructuring the Relationship between Public and Private Enforcement of Rule 10b-5, 108 Colum. L. Rev. 1301 (2008).

Summer 2008

Lynn presented Sustaining InterventionA Reflection on the Ten-Year Anniversary of the Hong Kong Government's Controversial Stock Market Support Measures as part of the 12th Annual UC Faculty Summer Scholarship Series.

June 2008

Lynn's proposed reform of the law review system attracted a lot of attention in the blogosphere. Her article, There are Plaintiffs and... There are Plaintiffs: An Empirical Analysis of Securities Class Action Settlements (with James D. Cox & Randall S. Thomas), was cited in Elliott J. Weiss, The Lead Plaintiff Provisions of the PSLRA after a Decade, or "Look What's Happened to My Baby", 61 Vand. L. Rev. 543 (2008).

May 2008

Lynn's paper, The Uptick Rule of Short Sale Regulation - Can it Alleviate Downward Price Pressure from Negative Earnings Shocks?, was repeatedly cited by the SEC in its decision to abandon the rule.

March 2008

Lynn presented The Impact of Institutions on Securities Class Action Settlements at The Future of Securities Fraud Litigation Conference at Claremont McKenna College in Ontario, CA.

February 2008

Lynn posted There are Plaintiffs and... There are Plaintiffs: An Empirical Analysis of Securities Class Action Settlements 61 Vand. L. Rev. ___ (2008) (with James D. Cox (Duke) & Randall S. Thomas (Vanderbilt)) at Pittsburgh as part of UC's Scholar Exchange Program.

Lynn attended the AALS Annual Meeting in New York City.

December 2007

Lynn posted There are Plaintiffs and... There are Plaintiffs: An Empirical Analysis of Securities Class Action Settlements (with James D. Cox (Duke) & Randall S. Thomas (Vanderbilt)) on SSRN.

October 2007

Lynn presented The Uptick Rule of Short Sale Regulation Can It Alleviate Downward Price Pressure from Negative Earning Shocks? at the Annual Meeting of the European Association of Law and Economics in Copenhagen, Denmark.

Summer 2007

Lynn joined the faculty as Assistant Professor of Law.

Please see Faculty News Archives for earlier issues.