In the Press
February 28, 2024

Preparing for Lawsuits Challenging a Company’s Sale of Securities (Daily Journal)

Intellectual Property Partner Andrew Ong and Complex Litigation & Dispute Resolution associate Ariel Rogers share insights on key topics of interest for general counsel on California and ways GCs can think ahead prior to their company being challenged for sale of securities, and how GCs can plan the forum for such a lawsuit. The California Superior Court decisions that have held that the PSLRA discovery stay does not apply to securities claims brought in state court, while others have held that it does. The Supreme Court was set to resolve this split, but the case settled before a decision. Read the article.