As the securities fraud suits filed in the wake of the 2008 financial crisis have begun to generate dismissal and class certification rulings, courts have supplied important guidance on a new generation of arguments aimed at protecting defendants from unwarranted liability. Please join Mayer Brown partners Josh Yount and Dana Douglas for a review of recent decisions and promising arguments on class certification and third-party liability in securities fraud cases. Discussion topics will include:

• How a defendant can defeat class certification by showing that some putative class members knew the “truth” allegedly misstated.
• Whether a defendant can use evidence that the alleged misstatements lacked any price impact to defeat class certification.
• The impact of Janus and a summary of lower court rulings interpreting it.