VIEW WEBINAR

As a follow-up to the recent SVDX webinar around the debrief of the Elizabeth Holmes trial, we are pleased to present a special session featuring Professor Joseph Grundfest around lessons learned for Boards of Directors around two high profile companies in the news. Both Theranos and Headspin have faced wire fraud charges and are excellent examples of how companies and their leadership have dealt with the challenges of fraudulent schemes and SEC enforcement. But what does it mean for those who sit on the boards? Professor Grundfest and Dan Siciliano will talk about the internal investigations, the actions and the cooperation on the part of the companies, and the commitment to good governance (or lack thereof), and what it all means for boards of directors. With so many headlines focused on management, what can boards learn from these high profile cases and their own role in good corporate governance?

SPEAKER
Joseph Grundfest

W.A. Franke Professor of Law and Business at Stanford Law School; Senior Faculty, Arthur and Toni Rembe Rock Center for Corporate Governance

Joseph A. Grundfest is a nationally prominent expert on capital markets, corporate governance, and securities litigation. His scholarship has been published in the Harvard, Yale, and Stanford law reviews, and he has been recognized as one of the most influential attorneys in the United States. Professor Grundfest founded the award-winning Stanford Securities Class Action Clearinghouse, which provides detailed, online information about the prosecution, defense, and settlement of federal class action securities fraud litigation. He launched Stanford Law School’s executive education programs and continues to co-direct Directors’ College, the nation’s leading venue for the continuing professional education of directors of publicly traded corporations. He is also a senior faculty member with the Arthur and Toni Rembe Rock Center for Corporate Governance. Additionally, he is co-founder and director of Financial Engines and a director of Kohlberg, Kravis, Roberts & Co.

Before joining the Stanford Law School faculty in 1990, Professor Grundfest was a commissioner of the Securities and Exchange Commission, served on the staff of the President’s Council of Economic Advisors as counsel and senior economist for legal and regulatory matters, and was an associate at Wilmer, Cutler & Pickering. Early in his career he was a research associate at the Brookings Institution and an economist and consultant with the RAND Corporation.

F. Daniel Siciliano, Moderator

F. Daniel Siciliano is a successful technology CEO-founder and entrepreneur, as well as Vice Chair of the board of the Federal Home Loan Bank of San Francisco, and a recognized expert in corporate strategy and governance, capital financial markets, executive compensation, and technological disruption (including fintech, AI and cybersecurity). He is currently Chairman of SVDX, board member of the Latino Corporate Directors Education Foundation, chair-elect of the Council of Federal Home Loan Banks, and a fellow at Stanford University.