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Browse: Home / 2023 / February / 22 / 83 law firms back Covington in SEC subpoena fight | Reuters

83 law firms back Covington in SEC subpoena fight | Reuters

By Securities Docket on February 22, 2023, 9:02 am

A group of 83 large U.S. law firms has thrown its weight behind Covington & Burling’s effort to resist a demand by the U.S. Securities and Exchange Commission to identify clients caught up in a cyberattack on the firm.

The firms, often fierce competitors for clients and legal talent, joined forces in a friend-of-the-court brief that called the SEC’s subpoena for Covington’s clients a breach of client confidentiality that any firm would resist under similar circumstances.

The SEC’s subpoena would risk turning attorneys “into witnesses against their own clients,” the firms wrote in a filing in Washington, D.C., federal court.

Source: 83 law firms back Covington in SEC subpoena fight | Reuters

Posted in SEC, Top | Tagged Law firms, Subpoenas

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