February 02, 2010

In this client advisory, Partners Kali N. Bracey, Lorelie S. Masters, Matthew L. Jacobs, Jerry J. Burgdoerfer, Ronald L. Marmer and Andrew Weissmann discuss increased investigations by state and federal authorities into alleged violations of the securities laws and the issue of getting D&O insurers to defend or pay claims in these situations. Specifically, the advisory outlines how a decision by Judge Richard Berman of the United States District Court of the Southern District of New York gave D&O policyholders ammunition against insurers.