Peter A. Stokes
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Delaware Supreme Court holds Delaware corporations can adopt federal-forum selection provisions
By Admin, Peter A. Stokes & Trevor G. Pinkerton on
On March 18, 2020, the Delaware Supreme Court reversed the Delaware Court of Chancery and held that Delaware corporations can adopt federal-forum selection provisions (FFPs) requiring that claims arising under the federal Securities Act of 1933 (1933 Act) be brought…
Mitigating Securities Litigation Risk From Software Problems
By Admin & Peter A. Stokes on
Public companies can face significant securities litigation risk over defective algorithms, data errors and software glitches. As securities class action filings continue to increase across the board, plaintiffs lawyers have attacked numerous companies over stock price declines that occur after…