A recent New York Times article highlighted large asset managers that are becoming more active on corporate governance issues. The increase in their level of activity raises questions related to the potential impacts of these large institutional holders becoming more active in securities litigation. We examine a few illustrative examples to draw inferences regarding the implications for settlement costs if large institutions decide to opt out of class action litigations more frequently.
Compliance solutions for pandemic-related fraud risks
When the COVID-19 pandemic struck the US in March 2020, office environments, supply chains and traditional ways of doing business evaporated in mere weeks....