Guest Post: Event Driven Securities Litigation: The New Driver in Class Action Growth | The D&O Diary

Social and environmental disasters, such as the #MeToo movement, the Deepwater Horizon oil spill, the opioid crisis, data privacy breaches with a vast number of companies such as Yahoo! Inc., Equifax, Inc., are well covered events in the news. These events impact peoples’ lives and many perceive a correlation between these events and civil litigation on the part of the injured or affected persons. However, it may not occur to the average person that these and other similar events have driven many securities class actions since 2016 onward. In fact, the trend of event-driven litigation is rising each year, while the more traditional accounting-based allegations are on the decline….

Source: Guest Post: Event Driven Securities Litigation: The New Driver in Class Action Growth | The D&O Diary