Photo courtesy of Shutterstock The State of Securities Fraud Litigation in Insolvency Proceedings
With ongoing volatility in global markets and levels of distressed debt at an all-time high, we will inevitably see a surge in bankruptcies in the coming months and years. This article discusses securities fraud claims against insolvent issuers, exploring the differences in jurisdictions.
September 18, 2020 at 03:06 PM
9 minute read
With ongoing volatility in global markets and levels of distressed debt at an all-time high, we will inevitably see a surge in bankruptcies in the coming months and years. The business uncertainty caused by a prolonged downturn may also expose or lead to an increase in fraudulent behavior as, under increasing pressure to hit earnings targets, management resort to improper means to replace lost revenue in the marketplace.
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