One of the foremost uncertainties in securities and corporate governance litigation is the extent to which cyber security will become a significant D&O liability issue. Although many practitioners have been bracing for a wave of cyber security D&O matters, to date there has been only a trickle.
We remain convinced that a wave is coming, perhaps a tidal wave, and that it will include not just derivative litigation, but securities class actions and SEC enforcement matters as well….
‘Enforcement 40’ for 2020
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