Unprecedented Mass Layoffs May Trigger More Confidential Witnesses in Shareholder Actions: What Measures Can Companies Take to Mitigate These Risks?
By EsqSocial Corporation 08/02/21
The once-in-a-century pandemic has triggered not only market turbulence, but also unprecedented mass layoffs and furloughs. As the markets continue to fluctuate and public companies plan reductions in staff, companies—and their officers and directors—are not only at risk for shareholder actions associated with any significant stock drop, but plaintiffs’ firms will undoubtedly wield one of…...
By: Dechert LLP