Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The U.S. Supreme Court’s upcoming decision on the legal standards required for bringing a securities fraud case could mean a sustained drop in directors and officers liability insurance claims, according to attorneys and insurance experts.

After hearing arguments yesterday in Tellabs Inc. v. Makor Issues & Rights, if the court reverses a decision of the 7th U.S. Circuit Court of Appeals in Chicago, the drop in securities class action filings reported for 2006 could well continue, they said.


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.