Douglas Greene

Douglas Greene

Date: 1/6/2017
By Douglas Greene

It is time for the “repeat players” in securities litigation defense, including D&O insurers and brokers, to make some fundamental changes to how we do things.    

Date: 5/17/2016
By Douglas Greene, Claire Loebs Davis

 Just over a year ago, on March 24, 2015, the U.S. Supreme Court issued its opinion in Omnicare, Inc. v. Laborers Dist. Council Const. Industry Pension Fund. The Court’s ruling in Omnicare was a significant victory for the defense bar for two primary reasons.

Date: 9/14/2015
By Douglas Greene, Claire Loebs Davis

The Supreme Court’s decision in Omnicare not only clarified the standard for judging the falsity of a statement of opinion, but established a helpful framework for evaluating whether a challenged statement was misleading. Omnicare has a broad reach, applying to Section 10(b) claims in addition to Section 11, and to statements of fact in addition to statements of opinion. Omnicare will be helpful to defendants and their D&O insurers – if defense counsel uses it well. 

SPOTLIGHT
SPOTLIGHT