Defeating Event-Driven Securities Class Actions

Loser-Pay Provisions, Lessons From In re Trulia Inc. Stockholder Litigation, and Strategic Motions Practice

A live 90-minute CLE webinar with interactive Q&A


Thursday, June 27, 2019

1:00pm-2:30pm EDT, 10:00am-11:30am PDT

Early Registration Discount Deadline, Friday, June 7, 2019

or call 1-800-926-7926

This CLE webinar will examine the recent trend of event-driven securities lawsuits, analyze the impact of these cases, and provide practical guidance and strategic insights to counsel on ways to defeat these class action filings.

Description

The number of securities class actions is skyrocketing. Between 1997 and 2017, plaintiffs filed an average of 203 new federal securities class actions per year. In 2018 federal courts saw nearly double that number, at 403.

Driving this increase are a new class of securities cases: event-driven claims. These are claims filed in response to adverse company events such as a data security breach, sexual harassment allegations, a catastrophic explosion, allegations that a drug or product has side effects, or a regulatory investigation or enforcement action. And while it has always been typical for such events to trigger personal injury or other tort litigation, plaintiffs' firms are increasingly bringing tag-along securities lawsuits alleging that the risks underlying the adverse events were not adequately disclosed.

Such cases are easy for plaintiffs to bring even though they are less likely to have merit. Plaintiffs in event-driven securities cases can rely on the investigative work of plaintiffs already suing the company under personal injury or tort causes of action about the same event. Suspect event-driven securities cases are on the rise and warrant careful attention by companies and their outside counsel.

While each event-driven suit stands on its facts, awareness of weapons available in a defendant's arsenal in dealing with such class actions is key to the formulation of a successful defense strategy.

Listen as our authoritative panel of class action attorneys examines the recent trend of event-driven securities lawsuits, analyzes the impact of these cases, and provides practical guidance and strategic insights to counsel on ways to formulate defense strategies that can minimize client exposure.

READ MORE

Outline

  1. Latest trends in event-driven securities class actions
  2. Class certification issues
  3. Types of claims and defenses
  4. Last resort settlement strategies
  5. Practical guidance and considerations

Benefits

The panel will review these and other key issues:

  • What are the latest trends in securities class actions?
  • What strategies are successful in defeating class certification?
  • What are the insights and lessons from the reasoning in In re Trulia Inc. Stockholder Litigation (Del. Ch. 2016)?
  • What are the most recent successful litigation strategies in event-driven claims?

Faculty

Schwartz, Matthew
Matthew A. Schwartz

Partner
Sullivan & Cromwell LLP

Mr. Schwartz’s wide-ranging practice comprises complex litigation, arbitration, and government investigations in...  |  Read More

Additional faculty
to be announced.

Live Webinar

Buy Live Webinar
Includes Early Discount Savings of $50 (through 06/07/19)

Live Webinar

$247

Buy Live Webinar & Recording
Includes special savings of $250 (through 06/07/19)

Live Webinar & Download

$344

Live Webinar & DVD

$344 + $19.45 S&H

Other Formats
— Anytime, Anywhere

Includes Early Discount Savings of $50 (through 06/07/19)

Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

CLE On-Demand Video

48 hours after event

$247

Download

48 hours after event

$247

DVD

10 business days after event

$247 + $19.45 S&H