Daily Archives: June 13, 2013, 8:10 am

Defense of Securities Class Action by Company’s Regular Outside Corporate Counsel: Conflict Issues and Strategic Considerations — D&O Discourse

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. But while such an arrangement…

Read More

Japan Stiffens Penalties for Insider Trading – WSJ

Japan’s parliament passed a bill that would ramp up penalties against insider trading, bringing its law closer to international standards following a string of financial scandals last year. Under the revised rules, fines for insider trading will be raised significantly and those who leak nonpublic information or induce another person to trade on such information will also be subject to…

Read More