Securities Litigation Insights is a periodic report concerning recent developments, issues, and matters of interest in securities litigation and regulation. To access your copy of the most current issue, follow this link.

Articles in this issue:

• The Expanding Scope of Insider Trading Liability
  In the last several years, the SEC has sought to expand insider trading liability to company outsiders who may not have had an obvious duty to keep information confidential. Most recently, the SEC and DOJ insider trading investigations have focused on the manner in which certain hedge funds obtain information to make investment decisions. In these investigations, the DOJ has used its most aggressive investigative tactics, including wiretaps, undercover operations, and confidential informants. The government is particularly focused on so-called expert-network firms, which connect expert consultants in various industries to investment professionals interested in investing in certain companies. Learn more about the SEC and DOJ’s most aggressive pursuit of insider trading in decades, and what investment professionals should be thinking about in this enforcement environment.

• An Emerging Corporate Strategy: Forum-Selection Provisions for Intra-Corporate Disputes
  Corporate clients often seek stability in business law by incorporating in Delaware for its well developed law. Lawsuits brought in other forum states impede the consistency sought in Delaware law. This article examines the developing strategy of selecting an exclusive forum for intra-entity dispute in corporate documents as a means of providing efficient dispute resolution.

• D&O Insurance: Five Key Renewal Considerations
  New policy features offered by D&O carriers are designed to appeal to policyholders but require careful review to avoid unintended consequences. This article describes five key features worth considering at renewal.

For more information, please contact Vinson & Elkins lawyers Steven Paradise, Jennifer Poppe, Stuart Tonkinson, Elizabeth Brandon, Armita Cohen, or Jonathan Wilkerson. Visit our website to learn more about V&E's Securities Litigation practice or e-mail one of the practice contacts. To access previous issues of Securities Litigation Insights, follow this link.