Tag Archives: merger objection lawsuits

D&O Insurer Must Continue Defense Expense Reimbursement Post-Merger

An acquired bank’s D&O insurer’s defense cost obligation to the bank’s directors and officers in connection with merger-related litigation continued after the merger transaction closed and was owed to the acquiring bank, a federal district court judge has held, rejecting the policy-based arguments on which the insurer relied to contend that its payment obligations ceased … Continue Reading

You Need to Know This: YTD Securities Class Action Lawsuit Filings are Off the Charts

Securities class action lawsuit filings have been going crazy. Securities suit filings during the first quarter 2017 set a pace that if continued would mean an unprecedented number of securities lawsuit by year end. But even more significant than the sheer number of lawsuits is the rate of litigation. The percentage of listed companies sued … Continue Reading
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