Social inflation. There’s a good chance that you’ve never heard the term before. Nonetheless, it appears to be a hot topic, particularly in the insurance industry. What is “social.
In Seafarers Pension Plan v. Bradway the Seventh Circuit reinstated a claim brought in federal court under Section 14a of the Securities Exchange Act of 1934, asserted derivatively by a stockholder of the Boeing Company, based on allegedly false and misleading statements.
In the first quarter of 2022, federal appellate courts issued a number of thought-provoking (albeit not monumental) decisions addressing the reach of the federal securities laws and, in.