directors and officers lawsuits News

Investors’ Suit Alleges Firm Inflated Stock with Misleading Claims About Its Covid Test

An investor lawsuit against a Utah company alleges its principals falsely claimed its coronavirus diagnostic test was “100% accurate” and before doubts about the claim became widely reported, directors and officers of the company were selling off their own stock …

Survey: Public Companies Underestimate Risk of D & O Lawsuits

Public company executives may be in for a surprise lawsuit. Despite the odds that they and their directors will be sued in the next 12 months, a new Chubb Public Company Risk Survey has found that more than 80 percent …