In the News Today - April 4, 2018

April 04, 2018

Cleaning Up The Asbestos Litigation Mess: A Role For The Department Of Justice?: A contributor from the Washington Legal Foundation outlines potential ways the Department of Justice can “investigate misconduct and potential fraud” in asbestos litigation. Suggested policy avenues include civil racketeering investigations, the False Claims Act, and the U.S. Trustee Program. (Forbes)

“Follow-On” Securities Lawsuits Face Formidable Obstacles: D&O Diary’s Kevin LaCroix continues to examine what he calls event-based securities litigation, this time in a Foreign Corrupt Practices Act context. He says just because “something bad has happened…does not mean that the company committed securities fraud.” (D&O Diary)