When selecting counsel to defend them against a securities class action, companies usually face the question of whether they want to hire attorneys from their regular outside corporate firm. Sometimes, companies will retain their regular outside firm as a matter of course, without even going through an audition process to interview other potential defense firms.
Defense Costs
Effective Securities Litigation Defense Requires a High Thought-to-Action Ratio
I recently had occasion to review a number of motion-to-dismiss rulings, including some in which denial of the motion seemed to be an easy call. I’ve since been mulling over whether there are circumstances in which it would be strategically advantageous not to make a motion to dismiss in a Reform Act case, or a…
Law360 Q&A with Doug Greene
On April 16, 2013, Law360 featured me in its Q&A series.
In the article, I address two critical economic issues in securities litigation defense: containing escalating defense costs, and managing electronic document review. I also discuss the Supreme Court’s Amgen decision, a securities litigation defense lawyer who impressed me, a case that helped launch…