Lynn Bai

Professor Bai joined the College of Law faculty in 2007, after a decade working in the areas of corporate finance and securities law in New York and Hong Kong. She was a corporate lawyer with O’Melveny & Myers and an investment banker with Oppenheimer & Co. before joining the Transpacific Financial Corporation.  She then moved to Hong Kong as a senior manager for the Hong Kong Securities and Futures Commission. 
In addition to teaching in the area of corporate finance, Professor Bai engages in analyses of securities and financial regulation.  Her article, There are Plaintiffs, and . . . There are Plaintiffs: An Empirical Analysis of Securities Class Action Settlements (co-authored with James D. Cox and Randall S. Thomas), was selected as one of the “Top 10 Corporate and Securities Articles of 2008” by Corporate Practice Commentator.  Professor Bai also frequently serves as a referee for contributions submitted to The Journal of Legal Studies and to the Journal of Law, Economics, and Policy.
Professor Bai was awarded an LL.M from Pennsylvania State University Dickinson School of Law in 1987 and her J.D. from the University of Texas School of Law in 1990.  She returned to the United States and received a Ph.D. in Finance from Duke University in 2006.

BA (Equivalent) : Beijing University 1986

LLM: Pennsylvania State University Dickinson School of Law 1987

JD: University of Texas at Austin 1990

Ph.D.: Duke University Fuqua School of Business 2006 (Finance)

Other Publications

Lynn Bai University of Cincinnati - College of Law James D. Cox Duke University School of Law Randall S. Thomas Vanderbilt University - Law School; European Corporate Governance Institute (ECGI) (2010. ) Lying and Getting Caught: An Empirical Study of the Effect of Securities Class Action Settlements on Targeted Firms .University of Pennsylvania Law Review , 158 ,

Lying and Getting Caught: An Empirical Study of the Effect of Securities Class Action Settlements on Targeted Firms

Lynn Bai (2010. ) On Regulating Conflict of Interests in the Credit Rating Industry .New York University Journal of Legislation and Public Policy, 13 ,

On Regulating Conflict of Interests in the Credit Rating Industry

James D. Cox Duke University School of Law Randall S. Thomas Vanderbilt University - Law School; European Corporate Governance Institute (ECGI) Lynn Bai University of Cincinnati - College of Law (2008. ) Do Differences in Pleading Standards Cause Forum Shopping in Securities Class Actions?: Doctrinal and Empirical Analyses .Wisconsin Law Review, (421 ) ,

James D. Cox Duke University School of Law Randall S. Thomas Vanderbilt University - Law School; European Corporate Governance Institute (ECGI) Lynn Bai University of Cincinnati - College of Law (2007. ) There are Plaintiffs and... There are Plaintiffs: An Empirical Analysis of Securities Class Action Settlements .Vanderbilt Law Review, 61 ,355

There are Plaintiffs and... There are Plaintiffs: An Empirical Analysis of Securities Class Action Settlements

Invited Presentations

Lynn Bai (02-24-2011. ) “The Performance Disclosures of Credit Rating Agencies: Are They Effective Reputational Sanctions?” .University of Dayton, University of Dayton School of Law. Other Institution. .

Lynn Bai (02-15-2010. ) “Lying and Getting Caught: An Empirical Study of the Effect of Securities Class Action Settlements on Targeted Firms” .Judicial Behavior Workshop, Duke University School of Law. Workshop. .

Lynn Bai (01-01-2010. ) “On Regulating Conflict of Interest in the Credit Rating Industry” .Boston College Law School, Newtown, MA. Other Institution. .

Lynn Bai (03-2009. ) “Double-Play” Manipulation in Financial Crisis: Increasing Transaction Cost as a Regulatory Tool .University of Kentucky, School of Law, Other Institution. .

Contemporary Issues in Business Regulation Level:Graduate

Corporate Finance Level:Graduate

Property Level:Graduate