Stock Drop Litigation: Recent Developments and Emerging Trends
Wednesday, November 19, 2008
12:30 - 1:30 p.m. Eastern
As the global financial crisis affects markets and stock values, we expect to see a dramatic increase in so-called "stock drop litigation" in the coming months. These ERISA claims, which often allege breach of fiduciary duty against plan administrators, the company and its directors, are frequently preceded by securities claims, and can be very attractive to the plaintiffs' bar. Join Ray Mathoda, Entrepreneur and Investor, and former EVP, Chief Administrative Officer of Indymac Bank; Reginald Goeke, litigation partner in Mayer Brown's Washington, DC Office; and John Nadolenco, litigation partner in Mayer Brown's LA office, for a discussion of recent trends and developments in this area, including:
- How can plan administrators limit their exposure to stock drop actions?
- Strategies companies facing securities litigation should explore in defending themselves from a stock drop claim.
- How will Government involvement affect the ongoing operations and litigation strategies of affected companies?
This webinar is the fourth in our series, In Focus: A Corporate Litigation Web Series, which is hosted by Mayer Brown LLP and Incisive Media (formerly American Lawyer Media). This complimentary web series will examine litigation issues facing in-house counsel and business executives.