Have you registered yet for the U.S. Chamber Institute for Legal Reform’s 16th Annual Legal Reform Summit, to be held October 27th? This year’s Summit – 2015: A Liability Odyssey – will feature current legal trends such as data privacy liability, the global spread of class actions, and the over-enforcement culture in a new and engaging event format. John F. Stossel, Emmy Award-Winning Journalist, Host and Commentator, Fox Business Network, will deliver the keynote address. Click here to register.
Headlines announcing huge fines levied against companies for alleged misconduct are all too common. These payments can reach into the billions of dollars as entities frequently face multiple actions by different federal government agencies and even multiple state enforcers for the same alleged misconduct. Paul Clement, former U.S. Solicitor General and a partner at Bancroft PLLC, shares his insight on this issue as part of the 16th Annual Legal Reform Summit where he will present his recent research on the best defense companies have against these excessive fines, the Constitution. Check out our recent Q&A with Paul here.
Manhattan U.S. Attorney Preet Bharara is dropping insider-trading charges against seven people, following an appeals court ruling last year that found “prosecutors had stretched the limits of insider-trading law and that effectively undermined the legal foundations of those cases.” (Wall Street Journal)