Trends, Developments, and What Lies Ahead the Securities Class Action Landscape in 2020
Securities class action litigation have continuously skyrocketed over the past years. This trend is expected to grow in fiscal year 2020 as companies constantly engage in global expansions making securities markets more seemingly interconnected. With this, companies are encouraged to prepare for significant changes as well as potential risks and pitfalls. Being updated with the trends and recent court decisions to mitigate the possibility of setbacks is essentially recommended.
In this LIVE Webcast, seasoned trial attorneys Mary Eaton (Willkie Farr & Gallagher) and Jared L. Kopel (Alto Litigation) will provide the audience with an in-depth analysis of the recent developments in the securities class action landscape. Speakers will discuss significant risk issues and offer practical tips and strategies to successfully deal with this particular area of litigation.
Key Topics Include:
- Updates in Securities Class Action Litigation
- Recent Court Rulings and Decisions
- Potential Risks and Pitfalls
- Practical Tips and Strategies
- What Lies Ahead
Mary Eaton, Partner
Willkie Farr & Gallagher LLP
- Since the Supreme Court’s 2018 ruling in Cyan, Inc. v. Beaver County Employees Retirement Fund, there has been a dramatic increase in the filing of cases under Section 11 of the Securities Act of 1933 in state courts around the country, sometimes in parallel with the filing of a federal court claims against the same defendants based on the same underlying allegations.
- This trend raises several issues, including whether the heightened pleading standards applicable to securities cases brought in federal court should apply to cases brought in state court, whether discovery in state court cases should be stayed during the pendency of a motion to dismiss under the Private Securities Litigation Reform Act of 1995, what means are available to prevent defendants from being forced to litigate the same claims at the same time in both state and federal court, and whether issuers can obviate these issues through the inclusion of forum selection clauses in their organizational documents.
Jared L. Kopel, Senior Counsel
- Impact of Supreme Court’s decision in Cyan, Inc. v. Beaver County Retirement Fund, 138 S. Ct. 1061 (2018)
- Class Certification
- Impact of Lorenzo v. SEC – 139 S. Ct. 1094 (2019).
- Developments in Rule 10b-5 actions based on alleged omission of Item 303 factors
- Failure to Disclose Risk Factors and Codes of Conduct
- Loss Causation
- Other Recent Developments
Who Should Attend:
- Securities Class Action Lawyers
- Investment Advisers
- Corporate Lawyers
- Risk and Compliance Officers
- Top Level Management
Mary Eaton is a partner in Willkie’s Litigation Department and Chair of the firm’s Business and Corporate Litigation Practice Group. Ms. Eaton has extensive experience in complex commercial litigation, with a focus on shareholder litigation (including securities class actions and shareholder derivative claims) and other complex business disputes. Ms. Eaton regularly represents registered investment companies, registered investment advisors, private equity companies, officers, directors, trustees and executives in a wide variety of disputes in federal and state courts across the country. In addition to her substantial trial experience, Ms. Eaton regularly counsels clients on litigation avoidance and corporate governance matters.
Mary Eaton is a partner in Willkie’s Litigation Department and Chair of the firm’s Business and Corporate Litigation Practice Group. …
Jared Kopel has represented clients in more than 100 SEC and other governmental or regulatory investigations. Jared has conducted internal corporate investigations and advised clients on compliance with the securities laws and SEC regulations. Jared also has successfully represented clients in securities class action and derivative litigation, as well as general business litigation.
Before joining Alto, Jared was a partner in the litigation group of Wilson Sonsini Goodrich & Rosati, and had his own law firm. Jared is also a former Branch Chief of the SEC’s Division of Enforcement. Jared has written numerous articles on securities law topics for The Recorder legal publication, Law360, The Review of Securities and Commodities Law and other publications. He also has written chapters for a well-recognized securities law treatise.
Jared Kopel has represented clients in more than 100 SEC and other governmental or regulatory investigations. Jared has conducted internal corporate …
Print and review course materials
Method of Presentation:
On-demand Webcast (CLE)
General knowledge of securities litigation
NY Category of CLE Credit:
Areas of Professional Practice
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About Willkie Farr & Gallagher LLP
For more than a century, Willkie has delivered unparalleled legal advice and dedicated client service to individuals and companies across a wide spectrum of business areas, industries, countries and cultures. We are an elite international law firm that provides innovative, integrated legal and business solutions. We have a number of highly successful practices whose lawyers are stars in their fields. Our experience spans a wide range of industries, most particularly financial services. Our lawyers, which number approximately 700 in nine offices located in the United States and Europe, share in the firm’s tradition of skillful and creative legal representation. As a firm, we are collegial, collaborative and client-focused.
Drawing on our more than 125 years of achievement and experience in the legal industry, our clients receive the highest level of advice and counsel. Willkie has a unique depth of business acumen and legal experience that spans across almost all business areas and industries. Our holistic approach to advising clients on legal matters, business issues and transactions yields comprehensive client service. Our commitment to excellence in client service and care cultivates longstanding relationships with our clients.
About Alto Litigation
Alto Litigation was founded five years ago by attorneys who had worked at major law firms, where they successfully represented Fortune 500 companies, start-ups and individuals. Alto represents technology companies, entrepreneurs, officers, directors, employees and shareholders in Silicon Valley and beyond in high-stakes litigation. Alto already has represented companies and individuals in high-profile, complex litigation and has been recognized as one of the top boutique law firms in California. Alto was a finalist for Benchmark Magazine’s San Francisco law firm of the year and Bahram Seyedin-Noor, Alto’s founder and managing partner, was selected as San Francisco attorney of the year.