July 22, 2021
1:00 PM – 2:00 PM
Securities-The Municipality as Shareholder: Securities Litigation in the Age of Fiscal and Social Responsibility
Description: Securities litigation is often viewed as benefiting individual shareholders who have been harmed due to misstatements, omissions, negligence, or intentional acts of public companies. But the reality is that millions of others participate in the capital markets as employees of municipalities and local government subdivisions—counties, cities, townships, school districts, fire and police departments and more—who act on behalf of these workers as shareholders in publicly traded entities through pension plans, risk management pools and similar vehicles. This presentation will discuss how these entities can add and have added their influence to obtain recourse for corporate wrongdoing and to effect socially responsible change in corporate policies in areas ranging from gender and race discrimination, systemic racial and gender inequality, Covid, the opioid epidemic, environmental wrongdoing, money laundering and more.
Joshua H. Grabar has extensive experience as counsel in complex commercial litigation in state and federal courts throughout the nation, with a particular concentration and emphasis in individual and class action litigation under state and federal antitrust laws, state and federal securities laws, and state consumer protection laws. He is a graduate of the University of Pennsylvania and the Villanova University School of Law, where he served as an Associate Editor of the Villanova Law Review. He is admitted to the Pennsylvania bar and is a member of IMLA. He can be reached at jgrabar@grabarlaw.com / 267-507-6085.
Seth D. Rigrodsky is the founding Shareholder of Rigrodsky Law and has over thirty years of legal experience in securities fraud and complex business litigation. Mr. Rigrodsky is a magna cum laude graduate of Brandeis University and the Georgetown University Law Center. While at Georgetown, he served as an Articles Editor of the Georgetown Law Review. Mr. Rigrodsky served as a law clerk to the Honorable Andrew G.T. Moore, II of the Supreme Court of Delaware. Mr. Rigrodsky was formerly associated with, and a partner of major, national law firms before opening his own firm 15 years ago. Mr. Rigrodsky is admitted to the Delaware and New York bars and several federal district and appellate courts. Mr. Rigrodsky can be reached at 302-295-5305 and at sdr@rl-legal.com.