September 19, 2025
Daniel Sommers, a partner in our Securities Litigation & Investor Protection practice, has been invited to speak at the ABA’s Business Law Section Fall Meeting, September 18 – 20, 2025 at the Sheraton Centre Toronto.
Daniel’s panel program, Changing Priorities in SEC Enforcement Policy: Impacts on Securities Class Action Litigation, Public Companies, and Officers and Directors, will be held on September 19 at 4:00 p.m.
Securities and Exchange Commission (SEC) enforcement actions and Securities Class Action (SCA) litigation are two, sometimes parallel, arms of defense to protect and compensate investors from corporate misconduct. While each one works with its independent intentions, the SEC towards defending established rules towards a better functioning market, and SCA’s intent to recoup investor losses, both serve important investor protection roles and the interplay between SEC enforcement and SCA’s has important implications for public investors.
As each administration enters its new term and enacts budgets and appointments in line with its campaigned priorities, dramatic shifts in SEC structure, resources, and enforcement goals and targets emerge. When significant changes occur in SEC budget, mission, or priorities – as appears to be the case with the current SEC — there may be impacts on SCA litigation patterns and outcomes for investors.
Panelists will discuss potential impacts from three different perspectives – the plaintiffs’ bar, the defense bar, and the judiciary.
Panelists include:
- Daniel Sommers, partner, Cohen Milstein
- United States District Court Judge David O. Carter (C.D. Cal.)
- Jay Dubow, partner, Troutman Pepper Locke
Read Daniel Sommers Speaks on SEC’s Changing Enforcement Priorities.