SCOTUS Rules: Implications of Groundbreaking Decisions
Please join us for the highly anticipated follow-up to our July webinar which focused on the U.S. Supreme Court's groundbreaking decision in Securities and Exchange Commission v. Jarkesy. This webinar will build on our previous discussion of Jarkesy, which stripped the U.S. Securities and Exchange Commission of its authority to seek civil penalties for securities fraud in contested administrative proceedings. It will focus on the implications of Jarkesy when analyzed in the context of two Supreme Court decisions that came down immediately after it: (1) Loper Bright Enterprises v. Raimondo and Relentless, Inc. v. Dept. of Commerce, which overruled the Chevron Doctrine, eliminating the deference courts have previously applied to many agency actions and (2) Corner Post, Inc. v. Board of Governors of the Federal Reserve System, which held that Administrative Procedure Act claims accrue when a plaintiff is injured by final agency action, even when the government action being challenged occurred much earlier.
Please join partners Veronica Callahan, Chair of the Securities Enforcement & Litigation practice, and Dan Hawke, former Chief of the Division of Enforcement's Market Abuse Unit and former Director of SEC's Philadelphia Regional Office, and senior associate Stephanna Szotkowski, as they discuss this trio of decisions and its implications for public issuers.