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Problem 3 (4 Points) In February 2003, Campbell's Soup (Ticker: CPB) announced that they had agreed to pay $ 35 Million to settle a class

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Problem 3 (4 Points) In February 2003, Campbell's Soup (Ticker: CPB) announced that they had agreed to pay $ 35 Million to settle a class action lawsuit related to allegations that they recorded artificial sales in an attempt to meet Wall Street earnings forecasts. The lawsuit was filed in response to a stock price drop related to a decline in Campbell's reported earnings. Based on the evidence that you can find (e.g. Stanford Class Action Website, SEC filings, Yahoo finance, Campbell annual reports, etc.), what is your estimate of the Disclosure Dollar Loss related to the case? Conditional on the DDL, when compared to median settlements from 2006-2014 (which corresponds to the chart in the handout), did Campbell settle for an amount that was above, below, or approximately equal to what you would have expected? Problem 3 (4 Points) In February 2003, Campbell's Soup (Ticker: CPB) announced that they had agreed to pay $ 35 Million to settle a class action lawsuit related to allegations that they recorded artificial sales in an attempt to meet Wall Street earnings forecasts. The lawsuit was filed in response to a stock price drop related to a decline in Campbell's reported earnings. Based on the evidence that you can find (e.g. Stanford Class Action Website, SEC filings, Yahoo finance, Campbell annual reports, etc.), what is your estimate of the Disclosure Dollar Loss related to the case? Conditional on the DDL, when compared to median settlements from 2006-2014 (which corresponds to the chart in the handout), did Campbell settle for an amount that was above, below, or approximately equal to what you would have expected

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