The Top Ten D&O Stories of 2018

The world of directors’ and officers’ liability is always dynamic, but 2018 was a particularly eventful year in the D&O liability arena. The past year’s many developments have significant implications for what may lie ahead in 2019 – and possibly for years to come. I have set out below the Top Ten D&O Stories of 2018, with an eye toward future possibilities. 1. Securities Class Action Lawsuit Filings Remain at Near-Record Levels The number of securities class action lawsuit filings remained close to record levels in 2018. There were 403 new federal court securities class action lawsuit filings in 2018. While the number of filings in 2018 was slightly below the 412 federal court securities suit lawsuits filed in 2017 (representing a decline of about 2%), the 2018 filing total is nearly 210% above the 1996-2016 average annual number of filings of 193.   As has been the case in the most recent years, a significant factor in the heightened level…

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