* Applicable Membership or Subscription discounts will be added in your shopping cart
Description: This program discusses the Ninth Circuit’s latest decision in Pirani v. Slack Technologies, 13 F.4th 940 (9th Cir. 2021) that an investor purchasing through a direct listing could establish standing under Section 11, departing from past precedent and abandoning the previously strict tracing requirement courts have historically interpreted under Section 11.
In this program, we will discuss Section 11 securities liability exposure for companies going public by direct listing versus by IPO and the implications of this decision on securities class action litigation.
Presenter Bios
Jay Dubow co-leads the securities investigations and enforcement practice at Troutman Pepper. He focuses his practice on complex business litigation, with a special emphasis on defending against shareholder derivative and securities class action litigation. He also represents clients involved in investigations by the U.S. Securities and Exchange Commission (SEC) the Pennsylvania Department of Banking and Securities, and various self-regulatory organizations, including the Financial Industry Regulatory Authority, Inc. (FINRA). He also conducts internal investigations on behalf of clients. Such investigations have included allegations involving the Foreign Corrupt Practices Act (FCPA), whistle blower claims, financial fraud, and civil and criminal violations of various federal and state laws.
Jay also counsels cannabis and CBD industry clients on corporate and regulatory issues, as well as the potential risks both for cannabis-focused companies and non-industry participants doing business with cannabis companies.
Jay previously worked at a public credit card company as senior vice president, general counsel, and chief administrative officer. Jay began his career as a staff attorney and then branch chief in the Division of Enforcement of the SEC in Washington, D.C.
Active in local and national bar associations, Jay is a leader in the American Bar Association’s Business Law Section and currently serves as vice chair of the Business and Corporate Litigation Committee, co-chair of the Cannabis and Alcoholic Beverages Subcommittee, and vice chair of the Criminal and Enforcement Litigation Subcommittee. He is on the editorial board of The Business Lawyer, the law review of the Section of Business Law of the American Bar Association.
Bob Hickok is particularly interested in the application of economic analysis to resolve legal issues. He has used economic analysis in antitrust cases (product and market definition and product pricing), federal securities law cases (the efficient capital market theory), and commercial contract cases (measure of damages). In addition, Bob has substantial experience in litigation concerning the application of various accounting principles and is interested in applying technology to information and litigation management.
Previously, Bob worked as a federal prosecutor in the U.S. Attorney’s Office in Philadelphia, where he conducted numerous fraud, corruption, and tax prosecutions. Bob has been an adjunct professor at Drexel University Kline School of Law and Rutgers-Camden School of Law, where he taught courses in law and economics and professional responsibility.
A magna cum laude graduate of Harvard Law School, Bob was an editor of the Harvard Law Review and was one of two students in the second-year class awarded the Sears Prize for having the highest annual academic average. While at Harvard, he also received a master’s degree in law and economics.
Bianca DiBella is an associate with the business litigation and securities litigation practices. She represents clients throughout all stages of litigation and alternative dispute resolution addressing issues related to various business torts, securities fraud, corporate governance, and risk management. She has experience in both federal and state courts and has assisted in the representation of corporate entities in mediation and settlement discussions.
 | | Practice Areas: | | Corporate & Securities, Litigation & Appeals, Tax Law | | | Online Media Type: | | Audio | | | Production Date: | | 02/23/2022 | | | Level: | | Intermediate | | | Category: | | Standard | | | Duration: | | 1 Hours, 4 Minutes | | | Online Format: | | On Demand | | | Course Type: | | Public |
Click here for information on subscription discounts and Group Viewing opportunities.
Purchase of this product provides online access for 180 days. If you are purchasing a live webcast, you will receive complimentary access to the on demand version for 180 days once it becomes available. Please note that the on demand and podcast versions may, or may not be accredited in your state.
If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.
West LegalEdcenter will not provide accreditation for states not listed.
CLE Scholarship information
Tuition Assistance for legal professionals taking our programs. Learn more about the program.
This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing west.wlec-sales@thomson.com.
People who bought this program also bought:| There are no current recommendations |
| | |
|
| Click on the jurisdiction to view credit eligibility details for this program
AB, AK, AL, AR, AZ, CA, CEU, CLP, CO, CT, GA, GU, ID, IN, MO, MS, MT, ND, NF, NH, NJ, NM, NS, NT, NU, NV, NY-EXPER, NY-TRANS, OK, PE, UK-BSB, UK-SRA, UT, VI, VT, WA, WV, YT
West LegalEdcenter provides accreditation as described here. You may be able to self apply for credits in states not listed.
Request credits for a state not listed.
Check your state requirements and get contact information. | | |
|
|
| | • | Jay A. Dubow - Troutman Pepper Hamilton Sanders LLP | | • | Robert L. Hickok, Esq - Troutman Pepper Hamilton Sanders LLP | | • | Bianca DiBella, Esq - Troutman Pepper Hamilton Sanders LLP |
| | |
|