Product Update

Directors and Officers Liability Exposures Discussed in Professional Liability Insurance

This Professional Liability Insurance release discusses securities class action lawsuits, which have risen to their highest level in more than a decade—a trend being driven by a flood of merger objection lawsuits. Securities claims from accounting-related matters are also rising. Yet at the same time, claims involving financial restatements have plummeted to their lowest levels since the early 2000s.

This release also updates the list of the all-time 100 largest securities class action claim settlements and reports on the first-ever settlement (involving Home Depot) of a data breach-related derivative claim, as well as on the filing of two new derivative suits against the directors and officers of Wendy's and Yahoo.

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