The latest installment in ISS’ Pulse of Governance podcast series explores the emerging trend of event-driven securities class action litigation, including what it is, why it’s on the rise, and why it’s here to stay. Corporate social and environmental missteps 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 many that these and other similar events are driving securities class actions. And as the trend of event-driven litigation grows each year, the more traditional accounting-based allegations are on the decline.
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By Subodh Mishra, Managing Director, Communications, ISS
