On June 9, 2010, the Federal Trade Commission announced that it had entered into a consent order with U-Haul. The FTC charged U-Haul with anticompetitive conduct, including signaling its competitors through disclosures made during public conference calls and webcasts with investors and financial analysts. The FTC's new consent order continues a trend where plaintiffs and government enforcers have used disclosures made by public companies as evidence of an antitrust conspiracy.
Please join us for a 60-minute webinar addressing this trend and providing practical advice on how to avoid the antitrust traps in making disclosures. Some of the topics to be addressed include:
- A brief overview of the principles involved in disclosures by public companies, including the history of investor/analyst periodic calls
- How plaintiffs have used disclosures to make their case
- Defenses to antitrust actions based on statements made in the context of securities disclosures
- A review of hypothetical disclosures derived from real life examples
- Tips on avoiding the antitrust traps
Jodi A. Simala
Richard M. Steuer
Presentation Slides (PDF)
Article: Avoid the Traps in Investor and Analyst Calls (PDF)
Of Related Interest
US Federal Trade Commission Brings Invitation-to-Collude Case Against U-Haul
Learn more about Mayer Brown's Antitrust & Competition and Corporate & Securities groups.