James Park

Vice Dean for Community, Equality and Justice
Professor of Law

  • B.A. Miami University, 1996
  • J.D. Yale, 2000
  • UCLA Faculty Since 2013

James Park is Professor of Law and Vice Dean for Community, Equality and Justice at UCLA School of Law. He is a leading expert on securities regulation and corporate law. He studies public companies and their regulation, particularly with respect to the problem of securities fraud. He is the author of a history of securities fraud and its regulation, The Valuation Treadmill: How Securities Fraud Threatens the Integrity of Public Companies (Cambridge University Press 2022).

Professor Park has authored more than twenty-five articles on various aspects of securities regulation and corporate governance that have been published in the California Law Review, Duke Law Journal, Journal of Empirical Legal Studies, Michigan Law Review, and UCLA Law Review.

Professor Park teaches Business Associations, Civil Procedure, Securities Regulation, and a seminar on Advanced Topics in Corporate and Securities Law.

He serves on the Editorial Board of The Business Lawyer.

After graduating from Yale Law School, Professor Park clerked for federal judges in the Southern District of New York and U.S. Court of Appeals for the Second Circuit. He practiced law in New York City at a law firm and then as an Assistant Attorney General in the Investor Protection Bureau of the New York State Attorney General’s Office.

Bibliography

  • Books
    • The Valuation Treadmill: How Securities Fraud Threatens the Integrity of Public Companies. Cambridge University Press (2022). Amazon
    • Can Delaware be Dethroned? Evaluating Delaware’s Dominance of Corporate Law (edited by Iman Anabtawi, Stephen Bainbridge, Sung Hui Kim, and James Park). Cambridge Univ. Press (2018).
  • Articles And Chapters
    • Securities Regulation and Big Business, 58 UC Davis L. Rev. 489 (2024). Full Text
    • The SEC as an Entrepreneurial Enforcer, Northwestern Univ. L. Rev. __ (forthcoming). Full Text
    • ESG Securities Fraud, 58 Wake Forest Law Review 1149 (2023). Full Text
    • From Managers to Markets: Valuation and Shareholder Wealth Maximization, 47 The Journal of Corporation Law 435 (2022). Full Text
    • Investor Protection in an Age of Entrepreneurship, Harvard Business Law Review (forthcoming). Full Text
    • Do the Securities Laws Promote Short-Termism?, 10 UC Irvine Law Review 991 (2020). Full Text
    • Insider Trading and the Integrity of Mandatory Disclosure, 2018 Wisconsin Law Review 1133 (2018). Full Text
    • Auditor Settlements of Securities Class Actions, 14 Journal of Empirical Legal Studies 169 (2017). Full Text
    • Reassessing the Distinction Between Corporate and Securities Law, 64 UCLA Law Review 116 (2017). Full Text
    • Bondholders and Securities Class Actions, 99 Minnesota Law Review 585 (2014). Full Text
    • Securities Class Actions and Bankrupt Companies, 111 Michigan Law Review 547 (2013). Full Text
    • Rules, Principles, and the Competition to Enforce the Securities Laws, 100 California Law Review 115 (2012). Full Text
    • Rule 10b-5 and the Rise of the Unjust Enrichment Principle, 60 Duke Law Journal 345 (2010). Full Text
    • Shareholder Compensation as Dividend, 108 Michigan Law Review 323 (2009). Full Text
    • Assessing the Materiality of Financial Misstatements, 34 Journal of Corporation Law 513 (2009). Reprinted in 42 Securities Law Review 406 (2010). Full Text
    • The Competing Paradigms of Securities Regulation, 57 Duke Law Journal 625 (2007). Reprinted in 50 Corporate Practice Commentator 723 (2008). Full Text
    • The Constitutional Tort Action as Individual Remedy, 38 Harvard Civil Rights-Civil Law Review 393 (2003).
  • Essays And Shorter Works
    • The Need for Sarbanes-Oxley, 78 Bus. Law. 633 (2023). Full Text
    • Sarbanes-Oxley at 20, 78 Bus. Law. 629 (2023). Full Text
    • Shareholder Wealth Maximization and Securities Fraud, 72 DePaul L. Rev. 395 (2023). Full Text
    • Karmel’s Dissent: The SEC’s Use and Occasional Misuse of Section 21(A) Reports of Investigation, 16 Brooklyn Journal of Corporate, Financial & Commercial Law 9 (2022). Full Text
    • Los Angeles Law Firms Before and After Recessions, Lowell Milken Institute Report (May 2021). Full Text
    • Regulation by Selective Enforcement: The SEC and Initial Coin Offerings (with Howard H. Park), 61 Washington Journal of Law and Policy 99 (2020). Full Text
    • Delaware and Santa Fe Industries v. Green, in Can Delaware Be Dethroned? Evaluating Delaware's Dominance of Corporate Law (edited by Iman Anabtawi, Stephen Bainbridge, Sung Hui Kim, and James Park, Cambridge University Press, 2018). Full Text
    • When Are Tokens Securities? Some Questions from the Perplexed, Lowell Milken Institute Policy Report (Dec. 2018). Full Text
    • The Limits of the Right to Sell and the Rise of Federal Corporate Law, 70 Oklahoma Law Review 159 (2017).