Word: willful
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“At the end of the day it will depend on the economic and legal merits of the case and rise and fall on that,” Ferrell said.
Recently, the Work Team has been examining how other universities have managed their own expansion projects into neighboring communities, hoping to learn from those developments as the University decides how it will move forward in Allston.
Meanwhile, Purcell leaves behind a positive legacy at the IOP, where former president Mary K.B. Cox ’10 said Purcell will be remembered as someone who expanded career counseling for students interested in public service careers.
Goldman has denied the allegations and stated in a press release that it will “vigorously contest” the SEC’s charges.
For Goldman, reputation is also at stake, as well as the possibility of further legal actions on other transactions, Ferrell said. According to Law School Professor Howell E. Jackson, the SEC has a plausible case and Goldman will not be confident enough to go to trial. Ferrell, Jackson, and Fried...