Securities Litigation Counsel

The Arizona State Retirement System's Master Agreement CTR067443 is an Indefinite Delivery Vehicle (IDV) focused on providing Securities Litigation Counsel services. The contract with Robbins Geller Rudman & Dowd LLP enables the Arizona State Retirement System to obtain specialized legal representation and consulting services related to securities litigation matters. The IDV's scope encompasses comprehensive legal support, with specific provisions addressing contemporary issues such as artificial intelligence usage and compliance with ethical procurement standards.

The master agreement is structured as a one-year contract, currently renewed through August 28, 2026, with Robbins Geller Rudman & Dowd LLP serving as the prime contractor. The contract covers the State of Arizona and is categorized as a Master Agreement. The contractor maintains robust insurance coverage, including $1,000,000 in Commercial General Liability, $1,000,000 in Automobile Liability, $5,000,000 in Umbrella Liability, and $2,500,000 in Lawyers Professional Liability. Recent amendments have introduced additional compliance requirements, such as restrictions on AI usage and prohibitions against utilizing materials from forced labor, demonstrating the contract's adaptability to evolving legal and ethical standards.