Trends in securities litigation
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Asset managers face the potential for securities litigation on a scale not seen since the years following the 2008 financial crisis. Having a strategic litigation plan and access to the right tools will help asset managers maximize recoveries for their investors while minimizing burdens on in-house counsel and investment personnel.
Economic downturns create market conditions that are ripe for corporate misconduct: Directors and officers facing heightened financial stress may resort to fraudulent activities in an effort to make their companies appear more profitable; meanwhile, downturns al…