A total of 83 US law firms are backing Covington & Burling in its fight with the Securities and Exchange Commission over client data.
The firms signed onto an amicus brief filed late Tuesday supporting Covington’s stance that attorney-client privilege should block an SEC subpoena. The agency wants a federal court in Washington to force Covington to turn over the names of nearly 300 clients whose information may have been exposed in a 2020 cyberattack that impacted the firm.
The SEC says it needs the information to help an investigation into whether hackers behind the cyberattack engaged in illicit trading. ...