Judge Shira Scheindlin has entered an order amending her recent opinion in Pension Comm. Univ. of Montreal Pension Plan v. Bank of Am. Secs., LLC.  The amended opinion cites negligence for failure to “obtain records from all those employees who had any involvement with the issues raised in the litigations or anticipated litigation, as opposed to just the key players.”

When litigation arises, it is critical for an organization to implement and enforce a hold order notice quickly and accurately to avoid sanctions.  Hold Management Services allows you to filter and search notice recipients by typical attributes like job classification or business area so you can identify all employees who had any involvement.  And you can deliver those hold notices through a secure, closed communication channel for compliance verification every time.