As we’ve learned from past crises, the question isn’t whether stock-drop litigation claims are coming—they are. So what can companies do to prepare for this issue and address it head-on?
May 22, 2020 at 11:10 AM
1 minute read
Publicly traded companies should take steps now to prepare for stock-drop litigation in the wake of COVID-19.
We saw plaintiffs attorneys file these lawsuits in the wake of the 2008 financial crisis and the outbreaks of Ebola and SARS. While the precipitating events may change, the resulting cases from the securities class action bar follow a predictable pattern.
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