During a roughly hour-long hearing yesterday, U.S. District Judge Amit P. Mehta questioned both the SEC’s contention that it has the authority to force Covington to hand over a list of 298 clients affected by the 2020 cyberattack and Covington’s claim that attorney-client privilege prohibits it from disclosing that list. The SEC has requested client names to investigate whether any information obtained during the attack led to some company not properly disclosing the nature and impact of the attack.
Source: Hot Off The Presses: SEC/Covington and Burling Hearing Transcript | John Reed Stark