DEFENSE COUNSEL BEWARE. THAT’S THE MESSAGE FROM ROBERT KHUZAMI, DIRECTOR OF the SEC’s division of enforcement, who in the past year has pointedly criticized defense and inhouse counsel for impeding agency investigations. He has repeatedly promised to wield the tools at his disposal—from withdrawing typical courtesies to possible suspension from the bar and investigation by the Department of Justice. Our panel of experts discusses this as well as trends in mergers and acquisition litigation, and Canada’s potential as a forum for securities class actions. They are Matthew Larrabee of Dechert; Michael D. Celio of Keker & Van Nest; Kenneth Herzinger and Michael Torpey of Orrick, Herrington & Sutcliffe; Pete M. Stone of Paul Hastings; and Mary Blasy of Scott + Scott. The roundtable was moderated by California Lawyer and reported by Krishanna DeRita of Barkley Court Reporters.

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