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Attorney-Client Confidentiality at Stake in Covington’s Dispute With SEC? White-Collar Lawyers Weigh In

Attorney-Client Confidentiality at Stake in Covington’s Dispute With SEC? White-Collar Lawyers Weigh In

News Admin by News Admin
January 13, 2023
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Covington & Burling’s dispute with the Securities and Change Fee over regulators’ entry to shopper info has implications for the sanctity of attorney-client relationships, in keeping with white-collar attorneys contacted for this report.

The SEC sued the firm early this week, demanding that it adjust to a subpoena for the identities of 298 shoppers whose info was reported to have been breached throughout a 2020 cyberattack. Regulators say they’re investigating the opportunity of insider buying and selling or different securities violations that resulted from the 2020 breach, not essentially involving the agency’s shoppers.



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Tags: attorneyclientConfidentialityCovingtonsdisputelawyersSECStakeWeighwhitecollar
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