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Freshfields Litigators Argue No Derivative Right of Action under Section 14(a)

Freshfields is representing Professor and former SEC Commissioner Joseph A. Grundfest (Stanford Law School) and Professor Mohsen Manesh (University of Oregon School of Law) in asking an en banc panel of the Ninth Circuit to reject implied derivative rights of action under Section 14(a) of the federal Exchange Act in the matter of Lee v. Fisher, et al.

The brief can be found here.

The Freshfields Securities Litigation team includes Partners Boris Feldman and Doru Gavril and Associates Elise Lopez and Sigourney Jellins, based in Silicon Valley.

ENDS

About Freshfields Bruckhaus Deringer LLP

Freshfields Bruckhaus Deringer is a global law firm with a long-standing track record of successfully supporting the world's leading national and multinational corporations, financial institutions and governments on groundbreaking and business-critical mandates. Our 2,800-plus lawyers deliver results worldwide through our own offices and alongside leading local firms. Our commitment, local and multinational expertise, and business know-how means our clients rely on us when it matters most.

Freshfields is ranked by Chambers Global in Band 1 across the six areas of antitrust, corporate/M&A, litigation, international arbitration, tax, and public international law. For more information visit Freshfields.us.

This material is for general information only and is not intended to provide legal advice. Prior results do not guarantee a similar outcome.