Jay A Dubow Joanna J Cline

Jay A Dubow Joanna J Cline

November 27, 2023 | The Legal Intelligencer

Opt-Outs in Securities Class Action Settlements Are Creating Issues for Litigants 

The settlement documents refer to a blow provision but note that the triggering percentage is not being disclosed. This is done to avoid publicizing the number of opt-outs to parties who may try to disrupt the settlement because knowledge of the number may give them more incentive to do so.

By Jay A. Dubow, Joanna J. Cline and Milica Krnjaja

7 minute read

August 28, 2023 | The Legal Intelligencer

Continued Challenges Arising From SPAC-Related Litigation

Recent decisions by the Delaware Court of Chancery demonstrate that when a SPAC transaction and the disclosures surrounding it are challenged, defendants may face an uphill battle to prevail on a motion to dismiss, especially where breach of fiduciary duty claims have been asserted.

By Jay A. Dubow, Joanna J. Cline and Erica H. Dressler

7 minute read

May 26, 2023 | The Legal Intelligencer

Constitutional Attacks Mount Against Federal Agency Proceedings in Wake of High Court Decision

With the first post-Axon challenge already underway in the U.S. District Court for the Northern District of Georgia and a pending petition for writ of certiorari from a U.S. Court of Appeals for the Fifth Circuit decision declaring the SEC's administrative proceedings unconstitutional, we may soon see whether and how these judicial constraints on administrative proceedings will continue to develop in the aftermath of Axon.

By Jay A. Dubow, Joanna J. Cline and Angela Monaco

10 minute read

February 23, 2023 | The Legal Intelligencer

Navigating Securities Litigation in 2023: Trends for the New Year

Newer trends—such as environmental, social, and governance (ESG), cybersecurity-related disclosure violations, and cryptocurrency regulation—are likely to provide further fuel for securities litigation and enforcement in the coming year.

By Jay A. Dubow, Joanna J. Cline and Kaitlin L. O'Donnell

9 minute read