Hand writing class action on blackboard red underline The handwriting is on the board for general counsel who are hesitant to fight meritless securities class action suits. (Photo: Shutterstock)

If anyone understands the financial impact of often frivolous securities class action litigation on a company and its officers, it is Chubb, the world's largest publicly traded property and casualty insurance company.

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Sue Reisinger

Senior reporter at ALM since 2004; based in Florida; covers general counsel and white collar crime; contact: [email protected]