Law360 Quotes Feldman on Ways Lawyers’ Roles Change in a Down IPO Market

Olshan Corporate Partner Spencer Feldman was quoted in a February 11 Securities Law360, Expert Analysis article “3 Ways Attys Can Play Defense When Capital Markets Slow.”  In the context of current capital markets volatility and a nearly shuttered IPO “window,” Feldman said “We [securities lawyers] go from offense to defense a little bit.”  Protecting public clients in a downturn requires a special review of their SEC filing risk factors and MD&A, as well as earnings guidance and press releases, to make sure that information about their continuing liquidity and capital resources is not out of date or misleading.  "Down markets definitely have an impact on their liquidity and capital resources," Feldman stated. "Lawyers have to be careful to help these companies make the proper disclosure so they don't get into trouble."