We're beginning to reap the consequences of the sweeping Lehman examiner's report. Plaintiffs in a long-pending securities class action have now filed an amended complaint that adds allegations about Lehman's now-infamous Repo 105 balance sheet asset transfers--and adds Lehman's auditor, Ernst & Young, as a defendant.

The passage of the Dodd-Frank Act and subsequent increase in regulatory agency investigations have dramatically heightened the need for corporations to better understand the risks and requirements associated with audio data. The risks of non-compliance are high - one energy company was assessed $97M in regulatory penalties based purely on the evidence found inside its trading floor recordings. Please join Michael Arkfeld and Mike Flanagan to get updated on the latest legal interpretations concerning the use of audio and video in both litigation and regulatory matters, how sound recordings differ from other types of electronic information, how to prepare your company and legal teams to manage audio discovery and review, understand how to create an efficient e-discovery workflow that puts to rest any notion that dealing with audio is "unduly burdensome" for either party.

The allegations in the new complaint sound an awful lot like what shareholders have already claimed in a Delaware Chancery Court case against Barclays and KKR. But they're also similar to those in a sweeping LBO bid-rigging suit Robins is pursuing against 17 investment banks and private equity funds.

The proceedings in Delaware have hogged the spotlight, but there's some pretty significant litigation over the WaMu collapse going on in Seattle as well.