The ideal alumni

Professor M tells us what ideal alumni are:

Jack: “…and the CEO donated $50,000 to Stanford in return for a professor giving a talk.”
Professor M: “Exactly! $50,000 is a pretty sweet deal for a talk. These are the alumni law schools like to have. So pay attention to this case!”

Today’s case¹ involves a special litigation committee in an insider trading suit against Oracle Corporation. Oracle hired two Stanford professors to investigate Oracle executives for insider trading. The executives were Stanford alumni and huge donors to the University, and one of the professors even mentored the executive he was investigating… hm.

¹In re Oracle Corp. Derivative Litig., 824 A.2d 917 (Del. Ch. 2003)