Douglas Greene

Unless changes are made, securities litigation will pose greater and greater risk to directors and officers, despite D&O policies.

While the world of class action suits has been stable for decades, a paradigm shift is coming, and it will change D&O insurance.

The economics of securities class action defense need fundamental reform -- and D&O insurance has a major role to play.

Maybe not. Common sense says a company should look for value, as it does with any significant corporate expenditure.

What makes lawyers sue Company A, but not Company B, when both have had the stock price drop because of a development that relates to earlier disclosures?

Hidden conflicts of interest mean companies and insurers should consider new outside counsel in securities class actions.

Big stock drops are inevitable when the market better understands cyber threats, and when there are stock drops the plaintiffs’ bar will be there.