2nd Circ.'s Logical Take On 'Event-Driven' Securities Claims

Law360 (May 13, 2019, 3:29 PM EDT) -- A major recent trend in securities litigation is so-called “event-driven” litigation. Where accounting irregularities and financial crises were once the primary drivers of large securities class action litigation, today’s cases increasingly revolve around negative operational incidents, or even a single incident, such as a cyber breach or public safety disaster. At least temporary stock price declines often follow these very public events, but there is no particular reason why they should signal securities fraud. 

Singh v. Cigna: Background and the Court’s Ruling

In 2012, Cigna acquired a regional Medicare insurer with the objective of entering the Medicare insurance market. As a...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS