WilmerHale Partner Mark Cahn recently appeared in a series of three videos hosted by PricewaterhouseCoopers (PwC) outlining 2014 trends in securities litigation. Topics discussed in these videos included predicted enforcement trends, the US Securities and Exchange Commission's (SEC or the Commission) focus on financial fraud and the impact of the Dodd-Frank Whistleblower program.
Cahn's first-hand experience on the subject matter derived from his prior role as General Counsel at the SEC. In that position, as well as his prior position as Deputy General Counsel for Litigation, Appellate and Adjudication, he advised the Commission and its operating divisions on enforcement, litigation and regulatory matters.
The first video, "Trends in Securities Litigation," focused on trends in securities litigation and factors considered that could affect the number of case filings going forward.
In the second video, "A Look at SEC's renewed Focus on Financial Fraud," participants reviewed the SEC's renewed focus on financial fraud and explored factors that could affect the agency's future enforcement efforts, including the Accounting Quality Model, the Office of the Whistleblower and the impact of Morrison v. National Australia on Commission enforcement actions and civil litigation
In the final video of the series, "How International Companies have been Affected by Securities Litigation Class Action," the participants examined how international companies have been affected by securities litigation class actions and offered tips for compliance.
Cahn rejoined WilmerHale in 2013. His practice focuses on government and internal investigations, enforcement proceedings and litigation involving financial institutions, individuals and public companies.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
