Program Details
2026-12-11 12:00:00
Over 1,000+ webinars
Course Overview
2026-12-11 12:00:00
2h CLE Credits
Intermediate
2
12:00 pm - 1:00 pm ESTMarket manipulation claims are among the hardest securities cases to plead and prove, and among the most valuable when they succeed. This session examines the private causes of action available to investors and companies, including scheme liability under Rule 10b-5(a) and (c) after Lorenzo and the express remedy under Section 9 of the Exchange Act. It explains how courts separate manipulative conduct from ordinary open-market trading, and how manipulation claims arise around convertible financings, deal pricing, tender offers, and private and illiquid markets such as pre-IPO secondaries, private fund valuations, and de-SPAC transactions. The session then turns to the issues that decide what a case is worth: whether a presumption of reliance is available, how price-impact disputes play out at class certification after Goldman, and how damages are measured when prices are artificially inflated or depressed. Attendees will leave with a practical framework for evaluating, pleading, and defending manipulation claims.
Joshua Mitts 1:10 pm - 2:10 pm ESTWhen fraud is revealed at one company, the damage rarely stops there. Competitors, suppliers, lenders, and others in the same industry often see their stock prices fall as well, leaving investors with losses in companies that did nothing wrong. This session examines what the evidence shows about how far fraud-related losses reach and the legal questions that follow. It covers who has standing to sue under the Blue Chip Stamps purchaser-seller rule and recent decisions such as Menora Mivtachim v. Frutarom and Slack v. Pirani, how loss causation is proved when a corrective disclosure moves an entire sector, and how damages and settlements are divided among multiple defendants under the PSLRA. It also addresses industry-wide disclosure failures that set off follow-on suits, and what all of this means for D&O insurance and indemnification. Attendees will leave with a clear framework for assessing, litigating, and resolving securities cases that reach beyond a single issuer.
Joshua MittsJoshua Mitts is the David J. Greenwald Professor of Law at Columbia Law School, where he uses advanced data science to conduct research on corporate and securities law. His primary focus is informed trading in capital markets and related topics in law and finance. Employing empirical methods including statistical analysis and machine learning, Professor Mitts studies short selling, securities lending, informed trading on cybersecurity breaches, information leakage and hedge fund activism, insider trading on corporate disclosures, and information transmission in financial markets—work that has made him a leading and frequently cited authority on the intersection of technology, trading, and market regulation.
Joshua Mitts is the David J. Greenwald Professor of Law at Columbia Law School, where he uses advanced data science to conduct research on corporate and securities law. His primary focus is informed trading in capital markets and related topics in law and finance. Employing empirical methods including statistical analysis and machine learning, Professor Mitts studies short selling, securities lending, informed trading on cybersecurity breaches, information leakage and hedge fund activism, insider trading on corporate disclosures, and information transmission in financial markets—work that has made him a leading and frequently cited authority on the intersection of technology, trading, and market regulation.
Requirements
The Alabama State Bar MCLE Commission requires attorneys to complete 12 credits, including 1 ethics, by December 31 of each year. All credits must be reported by February 15 of the following year. A maximum of 12 credits, including 1 ethics credit, may be carried over for 1 year only.
Formats
