News & Insights

According to the latest report from Cornerstone Research, a source widely followed in the D&O world, aggregate, average, and median securities class action lawsuit settlement amounts all rose in 2018.…

  About 18 months ago, we told you of what we hoped would be a significant obstacle to merger-objections suits and perhaps lead to a downturn in securities litigation overall, when the Delaware Chancery Court made it clear that plaintiffs should no longer expect the Court to approve disclosure-only settlements. This position has been expressed...

  Although D&O insurance is important for protecting directors’ and officers’ personal assets, it is often an individual insured’s last line of defense. For most directors and officers, state statutory protections, corporate bylaws/ indemnification provisions and/ or individual indemnification agreements will provide the first line of defense. Only if these protections fail would a director...

  In an alert to businesses last month, the FBI indicated that business email scams have accounted for $2.3 billion in losses since 2013 and such scams more than tripled in this past year alone. The alert went on to say that such frauds are becoming harder to detect because attackers, who once pretended to...

  As further evidence that the tone toward individual accountability set by the Yates memorandum (which we wrote about last Fall) continues to be applied by the Department of Justice, two new settlements were announced last month which corporate executives and independent directors should review. On September 19 and 27, 2016, the Department of Justice...