Labaton Keller Sucharow LLP

After SCOTUS heard oral arguments this week in securities fraud case Facebook, Inc. v. Amalgamated Bank, Bloomberg Law followed up with Partner Michael Canty for its article "Meta Case Leads Justices to Ponder Further Role for SEC on Risks.” Read his thoughts on SCOTUS’s approach to the question of companies’ risk disclosure requirements and its suggestion that the SEC could refine risk disclosure requirements through regulations. https://lnkd.in/e8B6Tisa #SCOTUS #securities #litigation #Meta #Facebook

Visit Labaton Keller Sucharow at booth 131 at International Foundation of Employee Benefit Plans (IFEBP)’s 70th Annual Employee Benefits Conference and learn how the Firm is a driving force in helping public pension funds monitor their portfolios and recover assets lost to securities fraud.   Labaton is proud to support IFEBP at their annual conference held November 10-13, 2024, in San Diego. The interactive conference offers attendees over 120 educational sessions led by distinguished thought leaders and opportunities to talk with experts, network with peers, and learn how to make the most informed decisions on behalf of their funds.    https://lnkd.in/eTKVnvft   #securities #litigation #portfoliomonitoring #pensions

On Friday, November 8, 2024, Partner Carol Villegas will moderate the panel “The Impact of the Overturning of Chevron on Regulatory Rulemaking” at the Institute for Law and Economic Policy (ILEP) Symposium "Gatekeeping in a Post-Chevron World."   Labaton Keller Sucharow is proud to support ILEP. Our namesake Partner, Edward Labaton, cofounded ILEP in 1996. ILEP is a leading research and educational foundation dedicated to enhancing investor and consumer access to the civil justice system.   #ILEP #Chevron

Read Bloomberg Law’s interview with Partner Michael Canty: "Meta, Nvidia Bring Investor Suits' Starting Gate to High Court." Mike explains the importance to investors of risk disclosure claims and expert evidence during the early stages of securities fraud class actions—two requirements to survive a defense dismissal bid that SCOTUS is considering this month.   https://lnkd.in/eUU_aJsP   #SCOTUS #securities #litigation #Nvidia #Facebook

In our latest Investor Alert, Partners Michael Canty and Lauren Ormsbee and Associate Charles Stiene discuss the upcoming November 6, 2024, Supreme Court hearing on the securities class action Facebook, Inc. v. Amalgamated Bank and its potential implications for investors. SCOTUS will consider whether public companies’ mandated risk factor disclosures can be materially false or misleading—and thus potentially violate federal securities laws—when they present a risk as a hypothetical future risk while also failing to mention that the risk already materialized.   https://lnkd.in/g6yyd_eR #InvestorAlert #SCOTUS #Securities #Facebook

On November 6, 2024, Associate Lisa Strejlau will speak on the Fall Career Panel hosted by New York University School of Law’s Plaintiffs' Law Association.   Lisa, alongside other accomplished plaintiff-side attorneys, will share valuable career insights and lessons learned prosecuting complex securities fraud cases against major U.S. corporations.   NYU's Plaintiffs' Lawyers Association is a student run organization that supports students interested in careers representing plaintiffs in civil litigation. #NYULaw #PlaintiffsLawyers #SecuritiesLitigation #ConsumerProtection

Partners Michael Canty and Lauren Ormsbee, along with Associate Matthew Grier, share expert insights in their latest article, "Nvidia Case's Potential Impact on Securities Class Actions," published in Law360. This article explores the upcoming U.S. Supreme Court oral arguments on November 13, 2024, in Nvidia Corp. v. E. Ohman J Fonder AB. At stake, the court will consider whether bright-line rules could reshape the pleading standards under the Private Securities Litigation Reform Act (PSLRA), impacting securities fraud class actions and, potentially, the broader health of U.S. equity markets. Read more: https://lnkd.in/eF7Xeisb #Securities #Litigation #SCOTUS #Nvidia 

On October 26, 2024, Partner Jonathan Waisnor will speak on a panel entitled “From Class to Mass and Back Again?” as part of the National Consumer Law Center's 2024 Consumer Class Action Symposium. The Consumer Class Action Symposium addresses evolving changes and emerging developments in the class action practice, including noteworthy court of appeals rulings, discovery techniques, evidentiary challenges and opportunities, developments in class administration, mass arbitration and mass torts as alternatives to class actions, and ethical issues of particular importance in complex litigation cases. Learn more here: https://lnkd.in/g8gc74U7 #ConsumerRights #NCLC #ClassActions #MassArbitrations

On October 19, 2024, Partner James Christie will be speaking on a panel entitled “Examining Recent Decisions in Securities Litigation (Sections 10(b) and 11)” at the 2024 Federal Bar Council Fall Bench and Bar Retreat.   The panel, moderated by the Honorable Victor A. Bolden, will explore three securities class action cases that have been certified by the Supreme Court—Macquarie, NVIDIA, and Facebook—and how these decisions affect the landscape of securities litigation.   Learn more here: https://lnkd.in/eiEscu3s   #SecuritiesLitigation #SCOTUS #FederalBarCouncil

On October 20, 2024, Partner Jonathan Waisnor will be speaking on a panel entitled “Cyber Ethics and Artificial Intelligence: Case Study on Copyright suits against Microsoft and Google regarding scraping data for AI systems” at the 2024 Federal Bar Council Fall Bench and Bar Retreat.   This panel will explore the intersection of AI and legal ethics, providing comprehensive insights into confidentiality and data security, competence and due diligence, and compliance with ethical standards. The panel will examine ethical and cybersecurity considerations through the lens of recent cases filed against Microsoft and Google that allege that the tech giants have improperly “scraped” publicly available data to train AI models like ChatGPT, Google Translate, and Bard.   Learn more here: https://lnkd.in/ed5V2-kk #dataprivacy #AI #litigation