Too Much Analysis Primes Whistleblower Suits: Lawyer

March 17, 2013 by Susanne Sclafane

If your company uses a detailed analytical process to arrive at projections of growth or earnings, that process may make you particularly vulnerable to shareholder suits when forecasts don’t pan out, a litigation expert said recently.

John McCarrick, a partner for White and Williams in New York, sounded the alarm about lawsuits against directors and officers that follow whistleblowers’ tips to federal securities regulators during an Advisen webinar on securities suit trends.