Stefan J. Padfield is an Associate Professor of Law at The University of Akron School of Law. His areas of expertise cover a wide variety of business law topics. He is currently teaching Basic Business Associations, Corporations, Securities Regulation, and Mergers and Acquisitions. Professor Padfield received his B.A. from Brown University, and J.D. from the University of Kansas School of Law. While in law school, he was a member of both the moot court team and symposium editor for the Kansas Law Review. Prior to joining the Akron Law faculty, Professor Padfield clerked for The Hon. John R. Gibson of the U.S. Court of Appeals for the Eighth Circuit, and The Hon. William E. Smith of the U.S. District Court in Providence, R.I. Professor Padfield also worked as a corporate attorney for Cravath, Swaine & Moore, LLP, in New York City. His recent scholarship includes the articles “Is Puffery Material to Investors? Maybe We Should Ask Them,” 10 U. Pa. J. Bus. & Emp. L. 339 (2008) (selected by the Akron Law Alumni Association for the Thomas G. Byers Memorial Award for Outstanding Faculty Publication), and “Who Should Do the Math? Materiality Issues in Disclosures That Require Investors to Calculate the Bottom Line,” 34 Pepp. L. Rev. 927 (2007) (selected for inclusion in the Securities Law Review 2008).
Articles
The Silent Role of Corporate Theory in the Supreme Court’s Campaign Finance Cases, Akron Legal Studies Research Paper (2012)
In Citizens United v. Federal Election Commission, a 5-4 majority of the Supreme Court held...
The Dodd-Frank Corporation: More than a Nexus of Contracts, University of Akron Legal Studies Research Paper (2011)
Corporate theory matters. By way of example, I explain in this Essay how Citizens United...
Immaterial Lies: Condoning Deceit in the Name of Securities Regulation, Case Western Reserve Law Review (2010)
The financial crisis of 2008-2009 is once again raising the issue of investor trust and...
Finding State Action When Corporations Govern, Temple Law Review (2009)
The financial crisis of 2008 is blurring the lines between the State and the private...
Is Puffery Material to Investors? Maybe We Should Ask Them., University of Pennsylvania Journal of Business and Employment Law (2007)
In securities litigation, the puffery doctrine stands for the proposition that vague statements of corporate...