Crowdfunding: An Overview
Wednesday, January 22, 2014
1:00 PM - 2:30 PM ET
The concept of crowdfunding allows large, varied groups of individuals to pool their resources to support new initiatives or efforts. With its increasing use via the Internet, some questions have been raised about its regulation or the lack thereof.
Attending this program will allow participants to gain a deeper understanding of crowdfunding and how it may perhaps benefit their clients. The faculty will discuss how to advise clients about creative ways to obtain financing for their businesses, whether through crowdfunding or through side-by-side unregistered offerings; how to protect themselves from common pitfalls including liability for misleading statements or omissions; and how to advise potential investors such as angels or venture capitalists or acquirors who are interested in companies that have obtained initial funding through a crowdfunding round.
The faculty will also discuss the implications of this potential major change in securities laws, how to protect investors, and how to bring related litigation for misleading statements or omissions.
Speakers: Sara Hanks, CrowdCheck; Huiwen Leo, CrowdCheck
• Understand the crowdfunding rules of the JOBS Act and the proposed SEC rules collectively known as “Regulation Crowdfunding.”
• Learn how these new changes fit into the framework of existing securities laws.
• Discover how crowdfunding fits into the fundraising strategy of small business.
• Find out about the impact of crowdfunding on existing capital-raising strategies, such as venture capital and mergers and acquisitions, and creative strategies with crowdfunding, such as side-by-side raises.
Who would benefit most from attending this program?
Securities law and ligation practitioners; attorneys who advise their clients about alternative investments; corporate attorneys, and telecommunications and Internet law practitioners.
Program Level: Basic-Intermediate
Credit Available: CLE.