Blair Nicholas Discusses Fiduciary Duty, Asset Protection and the Impact of the Larson Decision at the 2008 Fall SACRS Conference
November 11-14, 2008
In an address to general and outside counsel to some of the largest California public pension plans, BLB&G partner Blair Nicholas discussed the important role fiduciaries have in monitoring securities class actions and ensuring that funds lost due to securities fraud are recovered. At the SACRS Fall 2008 Conference, Mr. Nicholas referenced the recent Seventh Circuit Larson decision which sent a strong message to public pension funds regarding their obligations to monitor their portfolios. The conference was held in Costa Mesa, California from November 11-14, 2008. To view Mr. Nicholas' full presentation, please click the link at the bottom of the page.
Mr. Nicholas is the co-author of “The 7th Circuit Sends a Strong Message: Institutions Must Monitor Securities Class Actions Claims,” originally published in the August issue of The NAPPA Report, along with firm associate Ian Berg. Click here to access the article.
Mr. Nicholas has extensive trial experience, including having served as one of the lead trial counsel in In re Clarent Corporation Securities Litigation. After a four week jury trial, in which Mr. Nicholas delivered the closing argument, the jury returned a securities fraud verdict in favor of investors against the former Chief Executive Officer of Clarent. He was also one of the principal attorneys responsible for prosecuting the In re Williams Securities Litigation, a securities fraud class action that recently settled shortly before trial for $311 million.
Where:Costa Mesa, California
Download: SACRS 2008 Fall Conference Presentation (PPT, 2.99 M)