Supreme Court Finds No Fraud Exception to Five-Year Statute of Limitations for Government Lawsuits Seeking Civil Penalties
Supreme Court Limits 10b-5 Liability to Those Who "Make" Misstatements, Rejecting "Substantial Participation" Theory
David M. Furbush
Mr. Furbush is the co-leader of the firm’s Securities Litigation Team. For almost 30 years his practice has focused on securities litigation of all types, including shareholder class actions, litigation involving mergers and acquisitions, investigations and proceedings initiated by the Securities and Exchange Commission, derivative suits, cases alleging breaches of fiduciary duty, and state securities law and common law claims concerning the purchase and sale of securities.
Mr. Furbush has lectured frequently before such organizations as ALI-ABA, the Practicing Law Institute, California Continuing Education of the Bar, Glass Legal Works, Mealey’s, KPMG’s Audit Committee Institute, PricewaterhouseCoopers’ General Counsel Forum, The National Investor Relations Institute, the Federal Practice Program and The Strategic Research Institute.
Mr. Furbush has been quoted extensively in such publications as The New York Times, The Wall Street Journal, The Washington Post, The International Herald Tribune, The San Jose Mercury News, Business Finance, The Recorder, New York Law Journal, Corporate Counsel, Director’s Alert, The Securities Reporter and PC Week.
- Best Lawyers in America, Litigation - Mergers & Acquisitions (2013-2014)
American Bar Association, California Bar Association and San Francisco Bar Association
Supreme Court of the United States, United States Court of Appeals for the Ninth Circuit, United States District Courts for the Northern and Central Districts of California, the District of Arizona and the District of Nevada