Securities Litigation: What You Need to Know About A Rising Tide and An Active Bench

(159 Ratings)

Produced on: October 12, 2017

Course Format On Demand Audio

Taught by

Categories:

Course Description

Time 91 minutes
Difficulty Intermediate

This program, presented by an esteemed panel of securities litigation practitioners, will discuss important trends in the filing of securities class actions including, importantly, the surge in the number of class actions filed.

Brendan Rudolph of Cornerstone Research will provide data on the overall number of filings, the types of cases (including separate analysis of merger and non-merger cases), the industries most frequently targeted, the choice of Federal versus State Court, the districts and circuits preferred by plaintiffs, and data relating to what law firms are filing the most cases. Three leading members of the Securities Litigation Defense Bar, Joshua Newville of Proskauer Rose, Kayvan Sadeghi of Morrison Foerster, and Richard Schoenstein of Tarter Krinsky & Drogin, will provide analysis of the trends and discuss recent developments in the law and key issues to watch for on the horizon.


Learning Objectives:

  1. Analyze data and research findings specific to securities class action filings
  2. Review recent legal developments impacting securities litigation
  3. Explore the issues currently before the Supreme Court that will shape securities litigation in the future



Faculty

Kayvan Sadeghi

Morrison & Foerster LLP

Kayvan Sadeghi is an experienced trial and appellate lawyer and member of the firm’s Securities Litigation, Enforcement, and White-Collar Criminal Defense Group. He specializes in defending clients facing securities and consumer class actions and responding to government investigations and enforcement proceedings. He also frequently represents clients in high-stakes contract, licensing, and corporate governance disputes, and advises on claims assessment and pre-litigation dispute resolution.

Mr. Sadeghi has served as lead counsel in numerous proceedings, successfully arguing dispositive motions and appeals, examining key witnesses, and writing winning briefs before state and federal courts nationwide.

Mr. Sadeghi has extensive experience defending companies and individuals accused of violating federal securities laws, the Foreign Corrupt Practices Act (FCPA) and other anti-bribery laws, the False Claims Act, and consumer protection laws. He represents clients in a broad range of industries, including financial services, media, technology, energy, and consumer products. He also frequently represents debtors, creditors, and other interested parties in bankruptcy litigation and claims investigations.

An active member of his community, Mr. Sadeghi is a voting member of the Securities Litigation Committee of the New York City Bar Association, and a member of the Iranian American Bar Association. He regularly writes and speaks on topics related to complex litigation, including articles published by International Law OfficeLaw360Media Law QuarterlyWall Street Lawyer,and Westlaw Journal. He is a co-author of Morrison & Foerster’s Insider Trading Annual Review and a contributing author of the Association of Corporate Counsel’s “white paper” on managing shareholder derivative litigation. He has been quoted in the New York Law JournalChinaDaily, and Beijing Review.

Mr. Sadeghi is committed to pro bono service, including successful defense of a freelance journalist in a highly publicized defamation case brought by a former top Mexican official, and work with the New York Civil Liberties Union in class action litigation leading to a landmark settlement reforming the use of solitary confinement in New York prisons. In recognition of the firm’s work on the solitary confinement case, he was honored to accept the Iranian American Bar Association’s 2016 Pro Bono Firm of the Year award.

Mr. Sadeghi is admitted to practice in New York, in U.S. District Courts for the Southern and Eastern Districts of New York, and in U.S. Courts of Appeals for the Second and Ninth Circuits.


Richard Schoenstein

Tarter Krinsky & Drogin LLP

An advocate and litigator, Rich Schoenstein has 25 years of experience handling business and employment disputes, through trials and appeals, arbitration and mediation, and internal and external investigations. He is co-head of the firm’s Securities and Financial Services Litigation Group.

Rich has represented clients from individuals to large corporations and financial institutions, partnering with his clients to address their emerging business needs, and handling contested matters arising in numerous industries and substantive areas of law. Among his many areas of experience, he handles:

  • Commercial and employment contracts
  • Fraud, breach of fiduciary duty and other business torts
  • Restrictive covenants and employee mobility
  • Employment discrimination claims defense
  • Securities fraud and other financial services matters
  • Real estate and construction disputes
  • Professional liability matters, representing brokers, accountants and attorneys
  • Insurance and reinsurance
  • Law firm partnership and partner mobility

Rich is well known and highly regarded in the legal community. His accolades include a listing by Super Lawyers, a rating of AV® Preeminet™ by Martindale Hubbell®, and a ranking as Superb by AVVO. In addition to litigating matters, Rich is often called upon to serve as a mediator, as a member of the Commercial Division’s panel of neutrals in New York County, or privately retained.

Rich began his legal career and served as Litigation Counsel at Cahill Gordon & Reindel LLP, and he has been a partner at Paul Hastings LLP and Satterlee Stephens LLP.

Joshua Newville

Proskauer Rose LLP

Joshua M. Newville is a partner in the Litigation Department in New York and a member of the Private Equity and Hedge Fund Litigation team.

Josh handles securities litigation, enforcement and regulatory matters, representing corporations and senior executives in civil and criminal investigations. In addition, Josh advises registered investment advisers and private fund managers on regulatory compliance, SEC exams and related risks.

Before joining Proskauer, Josh was senior counsel in the U.S. Securities and Exchange Commission’s Division of Enforcement, where he investigated and prosecuted violations of the federal securities laws. Josh served in the Enforcement Division’s Asset Management Unit, a specialized unit focusing on investment advisers and the asset management industry. His prior experience with the SEC provides a unique perspective to help private investment funds and their advisers manage risk and handle regulatory issues.


Brendan Rudolph

Cornerstone Research

Brendan Rudolph consults to attorneys and helps prepare expert testimony in many phases of complex commercial litigation, including class certification and other motion practice, merits, arbitration, and trial.

Mr. Rudolph has consulted on dozens of securities cases, including matters involving the high technology, pharmaceuticals, financial institutions, consumer goods, and materials and commodities sectors. He has analyzed price impact, damages, market efficiency, asset and business valuation, volatility, and trading behavior in both foreign and domestic markets. Representative cases include In re Moody’s Securities Litigation, where the court denied class certification and granted summary judgment. 

Mr. Rudolph’s experience has involved a number of hedge fund and private equity cases. His work in these matters has included evaluating portfolio performance, strategy, and investment suitability; as well as conducting valuations of management companies. He has also analyzed private investments in public equity (PIPEs) and assessed claims of insolvency against a financial institution. 

Mr. Rudolph has consulted on a number of matters related to residential mortgage-backed securities (RMBS). His structured finance experience began prior to the credit crisis when he consulted on the first collateralized debt obligation (CDO) litigation, including structuring a CDO, and analyzing credit risk transitions. He also has extensive experience in options valuation. 

Prior to joining Cornerstone Research, Mr. Rudolph was employed in sales and trading at Barclays Capital.


Reviews

RF
Robin F.

Informative course

KU
Kimberly U.

Well done. Lots of information.

MR
Michael R.

Well done!

DS
Darryl S.

Very informative.

GP
Georgian P.

Great Course!

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$89

$ 89 Business, Corporate, & Securities Law, Litigation, Class Actions, and The SEC In Stock

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