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Overview:

The ongoing COVID-19 crisis is highlighting the lack of benefits for gig workers who are now at the forefront of keeping the economy moving. Recognizing the freelancers’ significant role in the face of pandemic, governments, including the US, are now intensifying their efforts to protect gig workers particularly in terms of their classification. Recently, California has enacted Assembly Bill 5 (AB5) which classifies workers as employees unless they “perform work that is outside the usual course of the hiring entity’s business.”

As the pandemic continues, further adjustments to the gig economy regulations are expected. Employers need to be on top of every development to ensure compliance. In this LIVE Webcast, employment attorney Josh C. Harrison (Ogletree Deakins) and senior economist Cary Elliott (Resolution Economics Group, LLC) will provide an in-depth discussion of the recent enforcement trends and regulatory updates in gig workers’ classification. Speakers will also present the crucial compliance issues which businesses face amidst the COVID-19 pandemic and will offer the best practices to navigate them.

Some of the major topics that will be covered in this course are:

  • Gig-Worker Classification – Regulators vs Companies
  • COVID-19 Implications on the Gig-Economy
  • Recent Regulatory Developments
  • Critical Issues and Challenges
  • Best Practices

Credit:

Course Level:

Intermediate

 

Advance Preparation:

Print and review course materials

 

Method of Presentation:

On-demand Webcast (CLE)

 

Prerequisite:

General knowledge of securities litigation

 

Course Code:

148577

 

NY Category of CLE Credit:

Areas of Professional Practice

 

Total Credits:

1.5 CLE

Speaker Panel:

Mary Eaton, Partner
Willkie Farr & Gallagher LLP

Mary Eaton is a partner in Willkie’s Litigation Department and Chair of the firm’s Business and Corporate Litigation Practice Group. Ms. Eaton has extensive experience in complex commercial litigation, with a focus on shareholder litigation (including securities class actions and shareholder derivative claims) and other complex business disputes. Ms. Eaton regularly represents registered investment companies, registered investment advisors, private equity companies, officers, directors, trustees and executives in a wide variety of disputes in federal and state courts across the country. In addition to her substantial trial experience, Ms. Eaton regularly counsels clients on litigation avoidance and corporate governance matters.

Jared L. Kopel, Senior Counsel
Alto Litigation

Jared Kopel has represented clients in more than 100 SEC and other governmental or regulatory investigations. Jared has conducted internal corporate investigations and advised clients on compliance with the securities laws and SEC regulations. Jared also has successfully represented clients in securities class action and derivative litigation, as well as general business litigation.

Before joining Alto, Jared was a partner in the litigation group of Wilson Sonsini Goodrich & Rosati, and had his own law firm. Jared is also a former Branch Chief of the SEC’s Division of Enforcement. Jared has written numerous articles on securities law topics for The Recorder legal publication, Law360, The Review of Securities and Commodities Law and other publications. He also has written chapters for a well-recognized securities law treatise.

Agenda:

SEGMENT 1:

Mary EatonPartner

Willkie Farr & Gallagher LLP

  • Since the Supreme Court’s 2018 ruling in Cyan, Inc. v. Beaver County Employees Retirement Fund, there has been a dramatic increase in the filing of cases under Section 11 of the Securities Act of 1933 in state courts around the country, sometimes in parallel with the filing of a federal court claims against the same defendants based on the same underlying allegations.
  • This trend raises several issues, including whether the heightened pleading standards applicable to securities cases brought in federal court should apply to cases brought in state court, whether discovery in state court cases should be stayed during the pendency of a motion to dismiss under the Private Securities Litigation Reform Act of 1995, what means are available to prevent defendants from being forced to litigate the same claims at the same time in both state and federal court, and whether issuers can obviate these issues through the inclusion of forum selection clauses in their organizational documents.

SEGMENT 2:

Jared L. KopelSenior Counsel

Alto Litigation

  1. Impact of Supreme Court’s decision in Cyan, Inc. v. Beaver County Retirement Fund, 138 S. Ct. 1061 (2018)
  2. Omnicare
  3. Class Certification
  4. Impact of Lorenzo v. SEC – 139 S. Ct. 1094 (2019).
  5. Developments in Rule 10b-5 actions based on alleged omission of Item 303 factors
  6. Failure to Disclose Risk Factors and Codes of Conduct
  7. Loss Causation
  8. Other Recent Developments

Date & Time:

Thursday, January 16, 2020

12:00 pm to 1:30 pm (ET)

Materials:

Download Course Materials

Who Should Attend:

  • Securities Class Action Lawyers
  • Shareholders
  • Investors
  • Investment Advisers
  • Corporate Lawyers
  • Risk and Compliance Officers
  • Top Level Management

SPEAKERS

Mary EatonPartner
Willkie Farr & Gallagher LLP
Jared L. KopelSenior Counsel
Alto Litigation

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