News & Events

News & Events

4.10.2013

How to Solve the Flawed Confidential Witness Issue

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Lane Powell Shareholder Doug Greene authored an April 8 Law360 article titled “How to Solve the Flawed Confidential Witness Issue.” In the article, Greene discussed the recurring and pervasive problem of flawed confidential witness (“CW”) allegations, the importance of solving it, and tips for reforming the CW process.

These reforms would not only prevent unseemly showdowns — between defense counsel and plaintiffs’ counsel, or among plaintiffs’ counsel, their CWs and their investigators. They would make all securities class action complaints more factually accurate and thus make the outcomes more just — and would help to avoid continued actions against plaintiffs’ counsel, which could eventually cause Congress to consider reforming the Reform Act.

View the full article (PDF).
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