2012 Roundtable Series: Securities

Defense counsel beware. That’s the message from Robert Khuzami, Director of the SEC’s division of enforcement, who in the past year has pointedly criticized defense and in-house counsel for impeding agency investigations. He has repeatedly promised to wield the tools at his disposal—from withdrawing typical courtesies to possible suspension from the bar and investigation by the Department of Justice. Our panel of experts discusses this as well as trends in mergers and acquisition litigation, and Canada’s potential as a forum for securities class actions.