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Legal Series: International Securities Litigation
   LIVE Webcast  

 


Event Details:                                                                                                                                                          

More globalized securities markets will offer different and challenging enforcement actions and private damage actions. It is therefore essential that companies and their lawyers should be in the know with respect to the latest strategies available when they are caught up in international securities litigation.

The Knowledge Group has assembled a panel of thought leaders to help companies understand the fundamentals and the recent developments in international securities litigation. In a live two-hour webcast, key experts will offer their substantive viewpoints to help you learn effective ways and means of international securities litigation. A live interaction with the speakers and several role playing scenarios are also included in this event.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 1.75 - 2.0
Advance Preparation: Print and review course materials
Course Code: 124362
Course Fee: $299 (Please click here for details)

 

Featured Speakers for Legal Series: International Securities Litigation LIVE Webcast :


Agenda  (click here to view more)


SEGMENT 1:
Richard Mancino , Partner,
Willkie Farr & Gallagher LLP

  • 1. Post-Morrison developments, including what it means to “purchase” or “sell” a security within the United States in off-exchange transactions.
  • 2. Other avenues plaintiffs may have to get into U.S. courts and to avoid the reach of Morrison, such as by asserting state common law claims, and possible responses by issuers to such efforts
  • 3. Applicability of Morrison to other statutory schemes


SEGMENT 2:
Mark Gelowitz, Partner, Litigation,
Osler, Hoskin & Harcourt LLP

  • 1. Canadian securities class action environment - statutory and common law claims for misrepresentations affecting primary and secondary market share purchases - "leave to commence" and class certification requirements under Canadian legislation
  • 2. Distinctions between Canada and the U.S. in securities class actions - procedural framework - carriage motions to select lead plaintiff - documentary and oral discovery - liability issues on intentional vs. negligent misrepresentation - statutory damages caps
  • 3. Cross-border "copycat" phenomenon - need for coordinated counsel on both sides of the border - avoiding duplication and sychronizing efforts in parallel cases - sequencing issues


SEGMENT 3:
Robert Patton, Senior Consultant,
NERA Economic Consulting

  • 1. Recent trends in US securities class actions against non-US issuers
  • 2. Recent trends in US-Canada cross-border securities class actions
  • 3. Time permitting, I will also discuss considerations in calculating damages in cross-border securities class actions, in particular US-Canada cross border cases.


SEGMENT 4:
Alexander Reus, Managing Partner,
DRRT

  • 1. Maturation of U.S. securities litigation and restrictive jurisdiction over cases with foreign aspects
    • a. Morrison v. NAB reference (but covered by Richard Mancino)
    • b. Statistics of lawsuits involving foreign securities in US class actions pre/post NAB (maybe covered by NERA)
    • c. Vivendi and Alstom decisions on (lack of) res judicata as powerful (but currently underutilized) tool to knock out foreigners from US class actions against US issuers under the requirement that FRCP 23 has to be the superior procedural method to resolve disputes
  • 2. Developing the need for non-U.S. alternatives in relevant countries
    • a. Relevance criteria: recurring problems or high likelihood of securities fraud, volume of trading, number and size of companies and market cap, legal and procedural aspects
    • b. Common issues: need to be actively involved (opt in), no success fees, high court fees, high adverse party cost risk, no discovery, short SoL
    • c. Common solutions: funded litigation, adverse party cost insurance, parallel litigation and §1782 access to US discovery in aid of foreign proceeding
  • 3. Emerging countries and first experiences with non-U.S. investor protection
    • a. Netherlands (RDS, Converium, Fortis, etc.)
    • b. Germany (HRE, Porsche/VW)
    • c. Japan (Olympus, Toyota, Tepco)
    • d. UK (RBS, BP, Lloyds)




Willkie Farr & Gallagher LLP
Richard Mancino
Partner
speaker bio »»

Osler, Hoskin & Harcourt LLP
Mark Gelowitz
Partner, Litigation
speaker bio »»

NERA Economic Consulting
Robert Patton
Senior Consultant
speaker bio »»

DRRT
Alexander Reus
Managing Partner
speaker bio »»



Who Should Attend?

- Attorneys
- General Counsel
- Business Lawyers
- Senior Managers

Why Attend?

This is a must attend event for attorneys who want to hear the latest in terms of international securities litigation.

- Detailed guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Space is limited; advanced registration is recommended. We also offer deep discounts for early birds! So enroll in this course now by clicking the “Register” button below.

Registration Information:                                                                                                                                    


(Click here for information on group registrations and discounts)

Disclaimer:
Please note, the event date is firm although it may be subject to change. Please click here for details.
The Knowledge Group, LLC is producing this event for information purposes only. We do not intend to provide or offer business advice. The contents of this event are based upon the opinions of our speakers. The Knowledge Congress does not warrant their accuracy and completeness. The statements made by them are based on their independent opinions and does not necessarily reflect that of The Knowledge Congress' views. In no event shall The Knowledge Congress be liable to any person or business entity for any special, direct, indirect, punitive, incidental or consequential damages as a result of any information gathered from this webcast.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


Legal Series: International Securities Litigation
LIVE Webcast

Event Sponsors / Speaker Firms:




Willkie Farr & Gallagher LLP is a leading international law firm that provides strategic legal representation and counsel to market-leading public and private companies worldwide. Founded in 1888, the firm has approximately 600 lawyers based in key financial centers: New York, Washington, Paris, London, Milan, Rome, Frankfurt and Brussels.




Osler, Hoskin & Harcourt LLP is a leading business law firm practising nationally and internationally from offices across Canada and in New York. Clients include industry and business leaders in all segments of the market and at various stages in the growth of their businesses.

Osler litigators have extensive experience representing public and private clients of all sizes in corporate governance, mergers and acquisitions and securities matters before the courts and provincial securities commissions. They have been at the forefront of the development of legal principles governing a number of critical aspects of modern corporate law. As a result, they are intimately familiar with the potential risks involved in pursuing a course of action and can advise on the best approach to dealing with a litigious matter.




NERA Economic Consulting (www.nera.com) is a global firm of experts dedicated to applying economic, finance, and quantitative principles to complex business and legal challenges. For over half a century, NERA’s economists have been creating strategies, studies, reports, expert testimony, and policy recommendations for government authorities and the world’s leading law firms and corporations. With its main office in New York City, NERA serves clients from more than 20 offices across North America, Europe, and Asia Pacific.




DRRT is an international law firm and litigation funder, which assists global institutional investors with the recovery of losses resulting from misstatements by public companies. DRRT helps its clients generate “legal alpha” through shareholder litigation in the form of securities (class or private) actions, shareholder derivative suits, appraisal disputes in merger or take-over situations, and other loss recovery methods throughout the world. DRRT has represented or is representing investors in major international securities litigation cases against companies such as Enron, Bank of America, Merck, Citigroup, Olympus, Toyota, Fortis, Vivendi, Royal Dutch Shell, BP, AOL/Time Warner, General Motors, and in connection therewith has recovered over $1 billion.




 

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We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of State Bar Associations. The State Bars will have the final determination on whether to provide credit or not. If you have any questions, please email our CLE coordinator at: info@knowledgecongress.org

Attention New York Attorneys:

This program is approved for CLE credit under New York’s Approved Jurisdiction policy. The Knowledge Group, LLC is an approved sponsor in the state of California, a New York Approved Jurisdiction. This program fulfills the non-traditional format requirement of exceeding 60 minutes in length. Please note only experienced attorneys (more than 2 years) are eligible to receive CLE credit via non-traditional format learning platforms. The Knowledge Group will verify attendance during the webcast via secret words (3 per credit hour) and by auditing attendees log in and log out records. All verification instructions will be provided during the webcast. Once attendance verification requirements have been completed, the attendee will be issued a certificate of attendance be The Knowledge Group for the course with the recommended number of credit hours. The Certificate of Attendance is normally sent via email in 24 hours or less.

To Claim Your CLE Credits:

The attorney should simply include credits earned via Knowledge Group webcasts when computing the total number of CLE credits completed, and keep the Knowledge Group Certificate of Attendance for a period of at least four (4) years in case of audit. An attorney may count towards her/his New York CLE requirement credit earned through the Approved Jurisdiction policy without notifying the CLE Board.

To learn more about New York’s Approved Jurisdiction policy. Please visit: http://www.nycourts.gov/attorneys/cle/approvedjurisdictions.shtml

Attention Pennsylvania Attorneys:

Knowledge Congress is not yet an Accredited Distance Learning Provider in PA, neither the instructors nor any PA attendees will receive credit for the course.



 
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