On June 7, 2021, Arash Sadat of Mills Sadat Dowlat LLP secured a legal victory on behalf of the Japanese government when the Honorable Dean D. Pregerson held that the Ministry of Economy, Trade and Industry of Japan (“METI”) would be allowed to participate as amicus curiae in a class action alleging violations of U.S. and Japanese securities laws. The victory ensures that the voice of the Japanese government will be heard in U.S. litigation implicating Japan’s ability to promote investment, business, and industry within its borders pursuant to the country’s legal and regulatory framework.
Legal Victory on Behalf of the Japanese Government
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