Public Companies Beware: Safe Harbor Protection Requires Thoughtful Warnings and a Sophisticated Defense — D&O Discourse

Public companies around the country labor under a misunderstanding:  that the Private Securities Litigation Reform Act’s Safe Harbor protects them from liability for their guidance and projections if they simply follow the statute’s requirements.  But the Safe Harbor is not so safe – because they think it goes too far, many judges go to great lengths to avoid the statute’s plain language….

via Public Companies Beware: Safe Harbor Protection Requires Thoughtful Warnings and a Sophisticated Defense — D&O Discourse