ExecutiveRisk web event recording: “The Impact of Halliburton on your D&O”
WGA presented an online webcast “Halliburton: The End of Securities Class-Actions? Time to Reduce Your Limits”
In just a few weeks, the United States Supreme Court will hear the arguments for Erica P. John Fund vs. Halliburton Corp. This case poses the most serious challenge to date related to the threshold for bringing Securities Class-Actions against Companies and their Directors and Officers. At stake in this case are the underlying ‘fraud on the market‘ theory tenets established by the U.S. Supreme Court when it ruled on Basic vs. Levinson in 1988.
With a decision on Halliburton by the Supreme Court expected in June, now is the time for you to gain an understanding of the potential impact of Halliburton on your Company/Directors/Officers/Insurance. If the Supreme Court significantly raises the threshold for bringing Securities Class-Actions, as many anticipate, can publicly-held Companies breathe a sigh of relief and reduce the amount of D&O insurance they buy?
Featured speakers will include:
- John Hughes of Edwards Wildman
- Rob Yellen of AIG
- WGA’s Jennifer Sharkey and John Doernberg
This discussion explores the potential impact of Halliburton and how buyers of D&O insurance as well as Directors and Officers can prepare themselves. This one hour session will also review the arguments being presented; outline the significance of both Levinson and Halliburton; and what we expect as a reaction from the insurance marketplace.
Click here to view the invitation for more program details.