NU Online News Service, Oct. 11, 2:12 p.m. EDT

European compa­nies doing business in the U.S. are vulnerable to securities legal action in the U.S., especially if their shares are traded on U.S. exchanges and that number is rising, according to a report from Advisen.

The number of lawsuits reflects a trend where shareholder lawsuits filed in European courts are on the rise, prompting demand for directors and officers coverage, according to an Advisen study, “European D&O Insurance Market: Reforms Cause a Shifting Landscape.”

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