Subscribe
‘Enforcement 40’ for 2020
Our Sponsors
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedInSEC Gains Access to Identities of Law Firm Clients | Jones Day
Three Key Takeaways Despite affirming the SEC’s broad investigative authority, the court limited the SEC’s requests to information directly connected to its stated investigative objectives. This decision reflects that courts increasingly view the SEC’s power much more narrowly than does the agency itself. The outcome in this case may embolden the SEC to seek similar […]
US court orders law firm Covington to name some clients for SEC probe | Reuters
Covington & Burling must identify some clients caught up in a 2020 hack on the law firm to the U.S. Securities and Exchange Commission, a federal judge in Washington ruled on Monday in a case that could impact future cyberattack investigations. U.S. District Judge Amit Mehta ordered Covington to give the SEC the names of […]
Hot Off The Presses: SEC/Covington and Burling Hearing Transcript | John Reed Stark
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 […]
SEC demand for client names is an ‘assault,’ law firm Covington says | Reuters
Law firm Covington & Burling fired back at a lawsuit from the U.S. Securities and Exchange Commission on Tuesday, arguing the agency overstepped by asking it to identify clients affected by a 2020 cyberattack on the firm. Covington said an SEC subpoena for the names of nearly 300 publicly traded companies whose information was accessed […]