Inside the Minds Series, 'Challenges and Concerns for Securities Law Defense Attorneys'
One thing is constant in securities litigation…that is, constant change. As securities cases arising out of the financial crises wind down, new developments, such as cybersecurity issues, begin to fuel a new generation of cases. Meanwhile, corporations, boards, and stockholders respond to developments in merger and derivative litigation with new tactical approaches that continuously invigorate the field of corporate governance litigation. Similarly, when the SEC begins to lose cases in federal court, rather than scale back its enforcement initiatives, the SEC shifts emphasis to a more friendly forum—the administrative proceeding where the deck is stacked favorably to the SEC. The challenge for legal counsel on both sides of the bar is to keep abreast of the constant ebb and flow to deliver the highest quality of legal services to clients caught in the securities litigation mine field.
"New Developments in Securities Litigation" is an authoritative, insider's perspective on the latest changes in regulations affecting securities. In the book, experienced lawyers tell you how to address and navigate these changes in order to protect your clients from future issues and defend them in current cases and enforcement proceedings. These authors address the intricacies of defending clients from fraud accusations, share tactics for disputing class certification, and discuss when price impact challenges are appropriate. You also receive the benefit of their insights on important cases, recent legislation, and the likely future of securities law.
The book can be purchased on Amazon at http://www.amazon.com/New-Developments-Securities-Litigation-2015/dp/0314293841.
The authors wish to thank Min Choi, an Associate in the Washington, D.C. office of Pepper Hamilton, for his contributions to this article.
The material in this publication was created as of the date set forth above and is based on laws, court decisions, administrative rulings and congressional materials that existed at that time, and should not be construed as legal advice or legal opinions on specific facts. The information in this publication is not intended to create, and the transmission and receipt of it does not constitute, a lawyer-client relationship.
Content contributed by attorneys of Troutman Sanders LLP and Pepper Hamilton LLP prior to April 1, 2020, is included here, together with content contributed by attorneys of Troutman Pepper (the combined entity) after the merger date.