Securities cases, particularly class actions, put companies at tremendous risk and can be extremely disruptive—even when the company mounts a successful defense.
Perkins Coie’s Securities Litigation practice, which includes class action defense, corporate governance, professional liability and regulatory enforcement, has extensive experience litigating high-stakes cases for securities issuers and their officers and directors, as well as for investment advisors and other professional services firms.
Class Actions: Perkins Coie has represented major companies in opposing class action complaints in more than 300 cases, including securities fraud class actions. In addition to our mastery of the applicable federal and state case law, we develop a deep understanding of our clients’ businesses and industries and use that knowledge to prevent litigation from derailing legitimate business objectives and practices.
Corporate Governance: We have extensive experience in litigating complex, high-stakes cases for securities issuers and other major corporations, as well as their officers, directors and various committees.
Professional Liability Litigation: Perkins Coie has represented national, regional and local law firms and accounting firms for more than 50 years. We bring not only the experience of successfully preparing for, and trying, professional negligence cases in state and federal courts throughout the country, but also extensive knowledge of the specialized state and federal laws regulating professionals and the practice standards imposed by their self-regulating boards.
Regulatory Enforcement: We have represented clients in practically every major securities enforcement initiative conducted by the SEC, FTC, FINRA and state regulatory agencies during the past decade, including investigations involving insider trading, financial fraud, Ponzi schemes, hedge funds, the subprime and credit crisis, auction rate securities, accounting irregularities, options backdating, mutual fund trading and the Foreign Corrupt Practices Act.
Reducing Risks of Securities Litigation
Securities, corporate governance and professional negligence cases, particularly those involving class actions or government investigations, put companies at tremendous risk and can be extremely disruptive—even when the company mounts a successful defense. We continually seek to minimize, and when possible to eliminate, the interruptions that company management experiences.
We have served as lead counsel for national and regional clients in a variety of actions and investigations, including the following:
- Shareholder class actions alleging securities fraud
- Shareholder derivative actions alleging breach of fiduciary duty
- Proceedings before the SEC
- Actions arising from mergers, acquisitions and other contests for control
- Investigations by various federal agencies and self-regulatory organizations
- Litigation involving audits of financial statements and other accounting issues
- Actions against law firms, accounting firms and other professional services firms
Perkins Coie attorneys understand the distinctive legal issues and business implications of every case and are committed to providing cost-effective representation. Efficient staffing and resource allocation are just some of the ways we are able to provide high-value, high-caliber and comprehensive representation, regardless of the action or jurisdiction.