Plaintiffs filed 198 new federal securities class actions in the first half of 2019, says the Securities Class Action Filings—2019 Midyear Assessment. (Photo: Shutterstock) Plaintiffs filed 198 new federal securities class actions in the first half of 2019, says the Securities Class Action Filings—2019 Midyear Assessment. (Photo: Shutterstock)

General counsel today are looking at a more than 5% chance that their companies will be sued this year due to a drop in stock price, according to a new report.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Sue Reisinger

Senior reporter at ALM since 2004; based in Florida; covers general counsel and white collar crime; contact: [email protected]