Managing the Newest Risks and ExposuresJune 10-11, 2009 • New York, NY

Strengthen Your Securities Law Knowledge by Attending to:

Sponsors:

• Find out how to defend the new and potentially lethal structuredproducts cases

• Learn how to advance and defend credit default swap claims• Find out how to value derivatives and other structured products• Learn how to manage securities litigation on multiple fronts• Hearing the perspective of several judges on the vital issues• Find out what’s hot at the SEC

Mary Jeanette DeePartnerRichards Kibbe & Orbe

Barry W. RashkoverPartnerSidley Austin

Jack Halprin, Esq. Vice President, eDiscovery and ComplianceAutonomy

Dr. Faten SabryVice PresidentNERA Economic Consulting

Sidley Austin

Lehman Brothers Inc.

Deutsche Bank

Bingham McCutchen

Autonomy

Bates White

Crowell & Moring

Citigroup

NERA Economic Consulting

Fordham University

Harvard University

Richards Kibbe & Orbe

Credit Suisse

Securities and ExchangeCommission

Morgan Stanley

UBS Investment Banking

U.S. District Court

New York Supreme Court

Willkie Farr & Gallagher

LeClairRyan

ICAP Capital Markets

Analysis Group

RiskMetrics Group

Special Thanks to Our Expert Advisory Board:

Hear from ParticipatingOrganizations:

Register Today! Call Dhaval Thakur @ +1-416-597-4754 or Email :dhaval.thakur@iqpc.com

TM

CLE CreditsAvailable

Assistant General CounselLitigation

Associate General Counsel

Chief Compliance Officer

Chief Litigation Counsel

Deputy General Counsel

Deputy General CounselLitigation

Deputy General CounselRegulatory

Director of Litigation

Director Regulatory Affairs

General Counsel

Head of Litigation

Managing Counsel

Managing Director

Managing Director LegalServices

Partner

Senior Corporate Counsel

Senior Counsel

Senior VP and Counsel

Special Counsel

Vice President

Network with yourpeers:

Managing the Newest Risks and Exposures

Register Today! Call Dhaval Thakur @ +1-416-597-4754 or Email :dhaval.thakur@iqpc.com

Dear Colleague,

If you ever needed to attend a conference on securities litigation, this one should be mandatory.

It is worth its weight in gold.

Securities law is about to take on a great new importance and will produce the mostcomplicated and aggressive litigation in American history. The meltdown of the world’sfinancial market—and it has just begun--will make this litigation explode. So much money has beenlost by so many people in so many countries—and we are far from rock bottom yet—that investorlawsuits will boom. And most of the legal activity has not even begun. It is just starting to take hold.Investors are angry—very angry.

They want to recoup their losses at almost any cost. They will be increasingly aggressive about it.They will not leave any stone unturned. They will commence shotgun actions against anyone involvedin their loss—investment banks, hedge funds, rating agencies, insurance companies. And anybodyelse who issued credit default swaps on those investments. They will be asking a lot of questions—and trying to find fault with everyone and anyone who had anything to do with their monry.That is why IQPC has put together this most dynamic and relevant securities litigationconference which will be held in New York on June 10-11, 2009.

After extensive research and wide consultation, we have a program that features the most importantissues in securities litigation for 2009. With an keen understanding of what the major problems willbe, we have assembled a cast of lawyers, bankers, judges, accountants and academics who knowthe securities litigation business inside and out. They have an enormous amount of experience thatcan provide you with valuable lessons in either advancing or defending securities litigation cases of alltypes. And that includes corporate lawyers too.

This is complicated litigation. And the information we can provide to you will give you acutting edge in defending these cases.

If you have the least bit of interest in securities litigation, this is a conference you cannot afford tomiss. You need to be prepared for the litigation onslaught that is coming.I look forward to seeing you in New York!

Kindest regards,

Fred Sagal. M.A., LL.MConference Director

IQPC will seek CLE accreditation in those states requested by registrants (post conference) which havecontinuing education requirements. This is subject to the rules, regulations and restrictions dictated by eachindividual state organization. Application for accreditation of this course or program in all CLE approvedstates is currently pending. For Financial Aid Policy information and to request CLE credits, please indicateso when calling to register: 1-800-882-8684, or on the online registration form.

CLE Credits Available

TM

Autonomy, a global leader in infrastructure software for the enterprise, is spearheading the meaning-based computing movement. Autonomy's technologyforms a conceptual and contextual understanding of any piece of electronic data. Autonomy's software powers mission-critical enterprise applicationsincluding pan-enterprise search, information governance, end-to-end eDiscovery, records management, video and audio analysis and customer interactionsolutions. Website: www.autonomy.com

Sidley Austin LLP is a leader in securities litigation and SEC/ SRO enforcement and related work, with more than 120 lawyers focused in these areas. Weregularly represent companies, investment banks, financial institutions, officers and directors, audit committees, broker-dealers, hedge funds and theiradvisers, and professional service firms in all aspects of investigations and securities and corporate litigation. We have been involved in many of the largestsecurities cases and have taken a multi-billion dollar securities class action to trial. We frequently work with international clients with respect to securitiesissues in the United States. Website: www.sidley.com

Bates White is a consulting firm offering services in economics, finance, and business strategy to leading law firms, Fortune 500 companies, and governmentagencies. Our professional team of economists, econometricians, strategists, financial analysts, and information technology specialists combines sophisticatedanalyses, proprietary technology, and extensive industry knowledge to deliver quantitative and strategic solutions. Our firm maintains a network ofrelationships with economic thought leaders and industry experts to complement our in-house expertise and to provide clients with the latest empirical andtheoretical advancements. Emphasizing a customized approach and a complete understanding of each client’s challenges, we bring clarity to complex issuesto help our clients make more informed decisions and optimize bottom-line results. Website: www.bateswhite.com

Richards Kibbe & Orbe LLP is a dynamic and entrepreneurial firm with in-depth experience in the financial markets and business community. With over 80lawyers in New York, Washington, D.C. and London, our hallmark is finding creative solutions to difficult problems, whether in a transaction, litigation orregulatory matter. Our practice covers a vast and complex range of issues facing companies in the investment and business communities. The attorneys inour Securities Enforcement, Government Investigations and Criminal Defense practice group have extensive experience dealing with the current regulatoryand prosecutorial priorities. We help institutional and individual clients defend – or more often avoid altogether – regulatory and criminal proceedings. Wehave also long been a "go to" firm for clients confronting parallel criminal and regulatory investigations.

Analysis Group is the largest privately held economic consultancy in North America. Since 1981 we have assisted the nation’s largest law firms and Fortune500 companies. Our more than 400 professionals work closely with academic experts at leading universities. We have extensive expertise in the disciplinescentral to evaluating subprime lending matters – including a deep understanding of the underlying financial instruments and of the operations and practicesof the various market participants.

Structured product instruments are complex. That is what makes them sodifficult to understand and value. Their volatility exposes derivativesusers to potentially large losses during periods of heightened marketvolatility. When losses occur, lawsuits are quick to follow, usually allegingvarious forms of fraud. When funds suffer losses, fund managers areexposed to the risk of suits alleging breach of fiduciary duty for usingderivatives improperly, or in some cases, for using them in the first place.

Litigators, who usually have not been exposed to these financialinstruments, need to gain a first-rate understanding of what they are allabout. Conceived by physicists and mathematicians, they areextraordinarily difficult to untangle. That is what makes them so difficultto value. And it creates huge challenges for the litigators on both sides.

In this session, led by prominent specialists, you will learn thefundamentals of structured products that will give you an enormousamount of insight into any litigation that is brewing—and you will gainthe understanding needed to really do well in a highly complicated case.

How you will benefit:• You will understand how the various types of structured products were

put together and sold• You will understand the means by which they can be valued—a difficult

task at best—and how they should be assessed

• You will learn the risks—both known and unknown—that are involvedwith them

• You will understand why volatility exposes the users to large lossesduring times of market volatility

• You will learn how to structure and defend lawsuits arising out of them• You can ask any question about derivatives and their deployment from

leading experts who have the answers

What we will cover:• The fundamentals of derivative products

- interest rate forwards, swaps and options: what they are and howthey work

- the risks they manage and involve- the distinctions between OTC and exchange-traded derivatives- currency and credit derivatives

• Derivative contract valuation and risk management- hedging derivatives- how to estimate the value of a swap and an option- Zero coupon and forward rates

• Counterparty credit risk• How to manage and limit counterparty risk• Understanding mark-to-market swaps and collateral

Antony R. Mott, Managing Director, Structured InsuranceProducts, ICAP CAPITAL MARKETS LLC (Jersey City, NJ)

What Every Litigator Must Know About Structured Products and Derivatives: Understanding a Very Complex Financial Instrument

8:00 a.m. – 9:45 a.m. Registration 7:45

Sponsorships and Exhibits are excellent opportunities for your company to showcase its products and services to high-level, targeted decision makers attending Security Litigation.International Quality & Productivity Center (IQPC) helps companies like yours achieve sales, marketing and branding objectives by setting aside a limited number of eventsponsorships and exhibit spaces – all of which are custom-tailored to help your company create a platform to maximize its exposure at the event.

Visit us on the Web and see what other exciting and information-packed conferences are being offered by the International Quality and Productivity Center! To find out moreabout upcoming IQPC events, contact Mario Matulich at 1-866-232-8660 or via email at sponsorship@iqpc.com.

Sponsorship and Exhibition Opportunities

Pre-Conference WorkshopWednesday, June 10, 2009

About Our Sponsors

3Sponsors:

9:00 Registration and Coffee

10:00 Co-Chairs’ Opening RemarksBarry W. Rashkover, Partner, SIDLEY AUSTIN (New York)

10:10 The Enormous Challenges and Opportunities FacingSecurities Litigation in 2009Christy Searl, Senior Vice President, LEHMAN BROTHERS,INC.

Adam Savett, Vice President & Director of Securities ClassAction Services, RISKMETRICS GROUP (New York)

11:00 Refreshment Break

11:15 How to Effectively Defend the Newest ComplexStructured Products Claims

12:15 The Effective Deployment of e-Discovery inSecurities Litigation, Government Investigation andRegulatory Activities Jack Halprin, Esq., Vice President, eDiscovery andCompliance, AUTONOMY

1:15 Networking Luncheon for Speakers and Delegates

2:15 Effectively Advancing and Defending Credit DefaultSwap ClaimsKarl Snow, Principal, BATES WHITE (Washington, D.C.)

William McSherry, Partner, CROWELL & MORING(Washington, D.C.)

Susan Steinthal, Director and Counsel, CITIGROUP GLOBALMARKETS INC. (New York)

3:30 Refreshment Break

3:45 The Greatest Challenge of All: Calculating the Lossesin the Current Securities LitigationDr. Faten Sabry, Vice President, NERA ECONOMICCONSULTING (New York)

4:45 Lessons Learned from the Most Recent DerivativesLitigation: An Invaluable Guide for LitigatorsJohn D. Finnerty, Professor of Finance and Director of theMS Program, FORDHAM UNIVERSITY (New York)

5:45 End of Day One

8:00 Coffee & Networking

8:30 Co-Chairs’ Opening Remarks

8:45 Managing Litigation on Multiple Fronts: ParallelCriminal, Securities and Plaintiff ProceedingsMaryJeanette Dee, Partner, RICHARDS KIBBE & ORBE (NewYork)

Elaine Mandelbaum, Deputy General Counsel Regulatory,CITIGROUP (New York)

Pierre Gentin, Head of Litigation, CREDIT SUISSE (New York)

Alexander Vasilescu, Regional Trial Counsel and Trial UnitChief, SECURITIES AND EXCHANGE COMMISSION (NewYork)

9:45 In-House Counsel Roundtable: Important CorporateStrategies to Prevent and Control SecuritiesLitigation in the Current EnvironmentJoshua Levine, Senior Vice President & Counsel, CITIGROUPGLOBAL MARKETS INC (New York)

Noah Perlman, Senior Vice President, MORGAN STANLEY(New York)

Greg Walker, Managing Director and Counsel, UBSINVESTMENT BANKING (New York)

10:45 Refreshment Break

11:15 Hot Issues in SEC and SRO EnforcementBarry W. Rashkover, Partner, SIDLEY AUSTIN (New York)

Bruce Karpati, Assistant Regional Director, SECURITIES ANDEXCHANGE COMMISSION (New York)

Alan Reifenberg, Director, Litigation, CREDIT SUISSE

12:15 The Liability of the Hedge Funds in the CurrentSecurities LitigationGaurav Jetley, Vice President, ANALYSIS GROUP (Boston, MA)

William Donnelly, Shareholder, ECLAIRRYAN (Washington,D.C.), (Former Branch Chair, SEC Division of Enforcement)

Antony R. Mott, Managing Director, Structured InsuranceProducts, ICAP CAPITAL MARKETS LLC (Jersey City, NJ)

1:15 Networking Luncheon for Speakers and DelegatesNiall Ferguson, Lawrence A. Tisch Professor of HistoryProfessor, Harvard Business School, HARVARD UNIVERSITY

2:30 The Judicial Panel: Valuable Insights from the BenchThe Honorable Garrett E. Brown, Jr., Chief Judge, U.S.DISTRICT COURT, DISTRICT OF NEW JERSEY (Trenton, NJ)

The Honorable Arthur M. Schack, NEW YORK SUPREMECOURT, KING’S COUNTY

The Honorable Peter G. Sheridan, United States District Judge,U.S. DISTRICT COURT, DISTRICT OF NEW JERSEY (Newark, NJ)

3:20 Refreshment Break

3:35 From Behind Enemy Lines: The Perspective of TwoProminent Plaintiff AttorneysJohn P. Coffey, Senior Partner, BERNSTEIN LITOWITZ BERGER& GROSSMAN (New York)

H. Adam Prussin, Senior Partner, POMERANTZ HAUDEKBLOCK GROSSMAN & GROSS (New York)

4:25 Examining Mark-to-Market Accounting Issues inSecurities LitigationThomas Porter, Vice President, NERA ECONOMICCONSULTING (Boston, MA)

Michael R. Young, Co-Chair, Securities Litigation andEnforcement Practice Group, WILLKIE FARR & GALLAGHER(New York, NY)

5:15 Conference Concludes

Agenda At-A-GlanceJune 10-11, 2009

Main Conference Day One: Wednesday, June 10, 2009

Main Conference Day Two: Thursday, June 11, 2009

4 Register Today! Call Dhaval Thakur @ +1-416-597-4754 or Email :dhaval.thakur@iqpc.com

9:00 Registration and Coffee

10:00 Co-Chairs’ Opening Remarks

Barry W. RashkoverPartnerSIDLEY AUSTIN (New York)

10:10 The Enormous Challenges and Opportunities FacingSecurities Litigation in 2009The worsening 2009 economy is rapidly becoming fertile ground for anoutburst of securities litigation between shareholders, banks andinvestment houses. As market participants try to minimize their losses,they now face a whole new onslaught of structured products litigationthat is both complex and potentially extremely costly—and that is just thelatest in a series of exploding challenges in securities litigation. In thissession, hear two highly experience specialists as they discuss:• How the floodgates of litigation will be opened by structured products

litigation—arising mostly out of derivatives and credit default swaps• The state of the subprime market and its current litigation activities• How structured products litigation will dramatically affect banks and

investment houses• The challenges of valuating claims• The opportunities and pitfalls of litigation over fraud, mis-selling, mis-

pricing, mismanagement and due diligence failure claims stemmingfrom structured products

• The prospects for securities class actions and the ever-increasingthreat of activist shareholders

• Other challenges and opportunities faced by the securities litigationindustry

Christy SearlSenior Vice PresidentLEHMAN BROTHERS, INC.

Adam SavettVice President & Director of Securities Class Action ServicesRISKMETRICS GROUP (New York)

11:00 Refreshment Break

11:15 How to Effectively Defend the Newest ComplexStructured Products ClaimsStructured products claims—those emanating mostly from derivatives--could become the most complex and costly litigation in American history.Warren Buffett has repeatedly called them “financial weapons of massdestruction” and they are the underpinning cause of the financialcollapse. As investors are scrambling to recoup their losses, their lawyersare aiming their sights at many potential defendants. In this must-attendsession, hear two of the industry’s most knowledgeable experts, as theydiscuss the how these cases can be defended:

The Liability Issues faced by Potential Defendants• Mis-selling, mis-pricing and mis-management claims by investors• Negligent advice and misrepresentation claims• Dealing with fraud claims• The potential defendants: banks, brokers, dealers, investment houses,

hedge funds and the rating agencies• The impact of tranches and their risk levels on investor claims• Identifying and working with expert witnesses for the defense—and

countering plaintiffs’ experts• How to carefully exploit internal and external sources of expertise—and

working with executives and lawyers who developed structuredproducts

How to Defend Against Misrepresentation, Negligent Advice, InadequateDisclosure, Fraud and Suitability Claims• Proving the disclosures made by brokers and dealers to investors• Effectively using statements about lending practices as a defense• How to defend the mechanism used to value the securities• Dealing with the failure to adequately disclose side letter and soft

dollar arrangements• Defending the deviation from prescribed investment guidelines• How a plaintiff’s investing history can become an effective defense

- demonstrating what the investor sought when the transaction wasoriginally undertaken

- showing the amount of knowledge that was known—and shouldhave been known—when investment was made

- proving that the investor was given a risk/return relationship• Defending allegations of fraud: an overview of the Madoff case• Using the doctrine of loss causation after the subprime crisis

- what is the state of causation after Dura Pharmaceuticals?- properly utilizing the experts in loss causation issues

Defense Strategies against Institutional and Foreign Investors• Defending claims brought by institutional investors—and adapting the

strategy to various plaintiffs• How to defend against Blue Sky law claims• Assessing the strength of foreign investor claims• The legal grounds for arguing against class certification by foreign

investors

12:15 The Effective Deployment of e-Discovery in SecuritiesLitigation, Government Investigation and RegulatoryActivities The recent subprime and financial meltdown is resulting in vastlyincreased litigation and investigations. And it has become morecomplicated than ever before. The amount of electronic data that mustbe reviewed in any lawsuit is enormous. Adding to the challenge are thecountless hours of recorded conversations and voicemails. It all makesknowing how to deploy e-discovery all the more important. In thissession, you will hear Jack Halperin, a prominent American e-discoveryspecialist discuss the best practices that your organization can use toprepare for litigation, government investigations and regulatory activities.Topics will include:• How to perform early case assessments on all data sources• The use of automated technologies to analyze, search and cull voice

data• Issuing and enforcing legal holds and preservation orders• Bridging the gap between legal and IT

Jack Halprin, Esq.Vice President, eDiscovery and ComplianceAUTONOMY

1:15 Networking Luncheon for Speakers and Delegates

2:15 Effectively Advancing and Defending Credit Default SwapClaimsAny discussion of credit default swaps is always heated. They havecaused the financial meltdown of several institutions—and the damagehas just begun, making them a fertile source of litigation. So too arecollateralized debt obligations. In this cutting-edge presentation by twoleading specialists, learn how to effectively litigate these cases:• Demystifying credit default swaps• An assessment of the claims being made in the litigation by investors,

buyers and sellers• An economic analysis of the cases• Valuation issues• Mark to market• Demystifying credit default swaps• What are the available defenses against claims that a buyer

misrepresented underlying collateral• How is it determined that there was actually a default in the swap?

Karl SnowPrincipalBATES WHITE (Washington, D.C.)

William McSherryPartnerCROWELL & MORING (Washington, D.C.)

Susan SteinthalDirector and CounselCITIGROUP GLOBAL MARKETS INC. (New York)

Main Conference Day OneWednesday, June 10, 2009

5Sponsors:

3:30 Refreshment Break

3:45 The Greatest Challenge of All: Calculating the Lossesin the Current Securities LitigationOne of the most daunting challenges in the current structuredproducts and securities litigation cases is the calculation of damages.The experts say that many cases have created an unfathomable holethat is most difficult to calculate. In this cutting-edge presentationby one of America’s leading experts, learn:• How the damages in these cases will be determined and assessed• The tools that are now required to ascertain damages• What is required to come to an end point• Efficient means of economic resources that can lead to better

results• How banks have altered views on CDO values• The challenges and implications in derivative pricing• The difficulties in valuation determination in court

Dr. Faten SabryVice PresidentNERA ECONOMIC CONSULTING (New York)

4:45 Lessons Learned from the Most Recent DerivativesLitigation: An Invaluable Guide for LitigatorsDerivatives litigation is a very new area of the law. Even thoughevery one of these cases has a huge amount of money at stake,there is little precedent to guide practitioners. But there is some.And if you look at the cases decided by the U.S. courts since1994 and follow them through to the present day, you will gainmany valuable insights. Anyone involved in securities litigation willgain priceless information that will equip them well in thisstimulating presentation by the leading expert in this field, whohas written, spoken and taught on this topic. You will learn:• A complete case-by-case analysis of derivative litigation since

1994• Who brought the suit—and who were the defendants• What were the causes of action directed against them?• Cases by underlying asset class• What different sorts of strategies were used—and why?• Practical lessons from the past for the litigators of today

John D. FinnertyProfessor of Finance and Director of the MS ProgramFORDHAM UNIVERSITY (New York)

5:45 End of Day One

8:00 Coffee & Networking

8:30 Co-Chairs’ Opening Remarks

8:45 Managing Litigation on Multiple Fronts: ParallelCriminal, Securities and Plaintiff ProceedingsThe current crop of securities litigation is producing a combinationof criminal, securities and civil proceedings—all happening at thesame time. But that • Reviewing recent guidance from the DOJ, SEC and FINRA

regarding cooperation and waiver• Outlining potential pitfalls in protecting the attorney client

privilege under recent case law and possible ramifications of thedistinction between "factual" and "privileged" information

• Discussing the practical realities of the current enforcement andlitigation environment

• Detailing best practices for dealing with state and federalregulators and SROs to limit consequences and promotecompliance

ModeratorMaryJeanette DeePartnerRICHARDS KIBBE & ORBE (New York)

PanelElaine MandelbaumDeputy General Counsel RegulatoryCITIGROUP (New York)

Pierre GentinHead of LitigationCREDIT SUISSE (New York)

Alexander VasilescuRegional Trial Counsel and Trial Unit ChiefSECURITIES AND EXCHANGE COMMISSION (New York)

9:45 In-House Counsel Roundtable: Important CorporateStrategies to Prevent and Control SecuritiesLitigation in the Current EnvironmentHear some of the most prominent corporate counsel in Americaas they share their thoughts and strategies on important steps toprevent and control securities litigation. This is a valuable sessionthat will discuss:• How to reduce litigation, regulatory and enforcement risks

- the most important steps to provide prospective investors withtimely and effective disclosure

- the disclosure that is required to make an effective andinformed choice to investors

- how should complex instruments be accurately valued?• How to formulate a document management and e-discovery plan

- what precisely is the scope of the information that must beturned over to the plaintiffs?

- how to lessen the high costs of discovery- formulating a plan that guards against overly aggressive

plaintiff counsel who seek to use discovery as an expensiveweapon against corporations

• How to evaluate the case early for maximum effective results- the benefits of early case evaluation- comparing the cost of defense to settling an unmeritorious case- reaching an early resolution of class action cases

• The best steps to co-ordinate the defense with outside counsel

Moderator

PanelJoshua LevineSenior Vice President & CounselCITIGROUP GLOBAL MARKETS INC (New York)

Noah PerlmanSenior Vice PresidentMORGAN STANLEY (New York)

Greg WalkerManaging Director and CounselUBS INVESTMENT BANKING (New York)

10:45 Refreshment Break

Main Conference Day TwoThursday, June 11, 2009

Main Conference Day One Continued...

6 Register Today! Call Dhaval Thakur @ +1-416-597-4754 or Email :dhaval.thakur@iqpc.com

11:15 Hot Issues in SEC and SRO Enforcement

ModeratorBarry W. RashkoverPartnerSIDLEY AUSTIN (New York)

PanelBruce KarpatiAssistant Regional DirectorSECURITIES AND EXCHANGE COMMISSION (New York)

Alan ReifenbergDirector, LitigationCREDIT SUISSE

12:15 The Liability of the Hedge Funds in the CurrentSecurities LitigationHedge funds are a major force in the financial markets, controllingtrillions of dollars of assets. Even the largest of hedge funds are littleknown by the public, but what happens at them matters to justabout every American.

Over the last decade, they expanded beyond their traditionalinvestor base among the uber-rich and raised billions of dollars frompension funds, endowments and foundations. From 1998 to 2008,the number of hedge funds grew from just over 3,000 hedge fundsto more than 10,000 and assets within the funds exploded from$374 billion to nearly $2 trillion, according to Hedge Fund Research,a firm in Chicago.

But now, with the major losses in the market meltdown, the hedgefunds will all be named as defendants. In this presentation, learnhow that litigation against the hedge funds will proceed,particularly the causes of action, the co-defendants that will beinvolved, the strategies that skilfull plaintiff lawyers will deploy, thebest available defenses and the proper steps that every hedge fundshould take before the onset of litigation.

Moderator & SpeakerGaurav JetleyVice PresidentANALYSIS GROUP (Boston, MA)

PanelWilliam DonnellyShareholderLECLAIRRYAN (Washington, D.C.)(Former Branch Chair, SEC Division of Enforcement)

Antony R. MottManaging DirectorStructured Insurance ProductsICAP CAPITAL MARKETS LLC (Jersey City, NJ)

1:15 Networking Luncheon for Speakers and Delegates

Luncheon SpeakerNiall FergusonLawrence A. Tisch Professor of HistoryProfessor, Harvard Business SchoolHARVARD UNIVERSITY

“There Will Be Blood”Hear an intensely thought-provoking analysis of the globalfinancial situation from prominent Harvard author and financialguru Niall • Ferguson as he reviews the world-wide financialcrisis which he predicts will provoke violent political conflictaround the world.

2:30 The Judicial Panel: Valuable Insights from the BenchThis interactive panel will provide valuable information fromrespected judges and a leading member of the bar on hot topicsin securities litigation. You will hear their perspectives on thesubprime litigation, the coming onslaught of structured productslitigation and credit default swaps claims. As well, you will hearthe judiciary’s view on new investor claims, non-traditionalclaimants and the success of defense tactics. This is a must-attend session!

Moderator

PanelThe Honorable Garrett E. Brown, Jr.Chief JudgeU.S. DISTRICT COURT, DISTRICT OF NEW JERSEY (Trenton,NJ)

The Honorable Arthur M. SchackNEW YORK SUPREME COURT, KING’S COUNTY

The Honorable Peter G. SheridanUnited States District JudgeU.S. DISTRICT COURT, DISTRICT OF NEW JERSEY (Newark,NJ)

3:20 Refreshment Break

3:35 From Behind Enemy Lines: The Perspective of TwoProminent Plaintiff AttorneysPerhaps the most interesting perspective on defending the newsecurities claims can come from the plaintiff lawyers representingthe investors. In this must-attend presentation, two of America’stop securities lawyers will tell you how they will mount their casesin the claims relating to structured products and subprimemortgages. You will find out:• The latest thinking in the plaintiff’s bar about securities litigation

in 2009• The approaches and tactics that skilfull plaintiffs will take in

resolving and litigating these cases• The potential plaintiffs—and how they will make their case• The potential defendants—and the strategy they intend to use

against them• The strengths and weakness of the causes of action—as well as

the potential defenses• The recovery in the litigation—and where the plaintiffs intend to

find the source of the funding for their judgments

John P. CoffeySenior PartnerBERNSTEIN LITOWITZ BERGER & GROSSMAN (New York)

H. Adam PrussinSenior PartnerPOMERANTZ HAUDEK BLOCK GROSSMAN & GROSS (NewYork)

4:25 Examining Mark-to-Market Accounting Issues inSecurities LitigationMark-to-market accounting for financial instruments, a long-standing reporting requirement, has received substantial blamefor causing, or at least contributing to, the current credit crisis.Most of the criticism points to SFAS 157, Fair ValueMeasurements. That standard was developed in an effort toachieve increased consistency and comparability in fair valuemeasurements and to provide expanded disclosures aboutthese measurements. So what went wrong? Or, what didn’t goright? This session will explore topics related to mark-to-marketaccounting and SFAS 157. In particular, it will address thefollowing questions:• What are fair value measurements?• Is “market value” the same as “fair value”?• What if the market used to determine fair value is

dysfunctional?• Are pre-SFAS 257 numbers different from post-SFAS 157

numbers?• Did SFAS 157 cause the credit crisis?

Thomas PorterVice President, NERA ECONOMIC CONSULTING (Boston, MA)

Michael R. YoungCo-Chair, Securities Litigation and Enforcement PracticeGroupWILLKIE FARR & GALLAGHER (New York, NY)

5:15 Conference Concludes

Main Conference Day Two Continued...

7Sponsors:

YES! Please register me for❑ Conference Only ❑ Conference + 1 Workshop ❑ Workshop Only ❑ Content Package

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Registration Information

* All prices include lunches, refreshment and detailed conference materials.Contact us at 1-800-882-8684 for special dietary requirements.* Discount cannot be combined

TEAM DISCOUNTSContact Customer Service at 1-800-882-8684 for the following discounts:TEAM: Only one discount may be applied per registrant.NON-PROFIT, GOVERNMENT, ACADEMIA: Call for more information.

PAYMENT INFORMATION:Details for making payment via EFT or wire transfer: A $99 processing charge will be assessed to all registrations not accompanied bycredit card payment at the time of registration

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Payment Policy: Payment is due in full at the time of registration. Your registration will not beconfirmed until payment is received and may be subject to cancellation.For IQPC’s Cancellation, Postponement and Substitution Policy, please visitwww.iqpc.com/cancellation

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In-House Counsel PricingRegister by 4/3/2009 Register by 4/17/2009 Register by 5/15/2009 Standard Price

Conference Only $1,299 (Save $500) $1,399 (Save $400) $1,599 (Save $200) $1,799

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Workshop Only $549 each $549 each $549 each $549 each

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All Others Pricing

Register by 4/17/2009 Register by 5/15/2009 Standard Price

Conference Only $1,999 (Save $800) $2,399 (Save $400) $2,799

Conference + 1 Workshop $2,548 (Save $800) $2,948 (Save $400) $3,348

Workshop Only $549 each $549 each $549 each

Content Package $699 $699 $699 $699

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