D&O News
7 of 25 Largest Class-Action Settlements Since 1995 Approved Last Year: ISS
Seven of the 25 largest class-action settlements since passage of the Private Securities Litigation Reform Act of 1995 were approved in 2013, according to a report released by the Securities Class ...
High Court to Determine Fate of Securities Class Actions
In a case eagerly watched by publicly traded companies regularly sued by investors, the U.S. Supreme Court will on Wednesday consider overruling a 26-year-old precedent that made it easier for ...
Zynga Shareholder Suit Dismissed
Zynga Inc. has won the dismissal of a lawsuit in which shareholders accused the online gaming company of fraudulently misleading them about its financial and business prospects before and after its ...
Hiscox, Beazley Join Forces to Offer $50M of D&O Capacity
Lloyd's of London insurers Beazley and Hiscox have partnered to offer brokers and clients a D&O consortium through which the syndicates will provide materially higher limits and offer additional ...
Berkshire Hathaway Specialty Introduces ‘Executive First’ D&O
Offering up to $100 million of D&O capacity, Berkshire Hathaway Specialty Insurance said on Thursday that it introduced Executive First, a policy designed to address the complex and volatile ...
Inadequate Shareholder Disclosure and Other Killer Risks
While most of the killer risks that can torpedo a company exist within the walls of the organization, the deadliest—in terms of its hidden impact—relates to external communications, a risk expert ...
Judge Strine Nominated to Lead Delaware’s Supreme Court
Leo Strine, the outspoken chief judge of Delaware's nationally important business court, has been nominated to lead the state's Supreme Court, Delaware Governor Jack Markell said last Wednesday. The ...
Wall Street Broker Contests SEC’s Probe with Harassment Lawsuit
Companies usually keep a low profile when the U.S. Securities and Exchange Commission investigates them. Robert DePalo decided to sue. DePalo is accusing the SEC of asking investors "leading and ...