Insurers for Executives Brace for Steep Claims Under Trump's SEC [Bloomberg Law]

Monday, December 30, 2024

Angelo G. Savino was quoted in the article “Insurers for Executives Brace for Steep Claims Under Trump's SEC” by Bloomberg Law. The article discusses the potential impacts of President-elect Donald Trump’s focus on enforcement actions against individual executives, and to roll back Biden-era regulations. This could possibly spark more private litigation against companies and their leadership—and, often, leave insurers on the hook.

In the article, Angelo says “The new administration will likely dial up SEC investigations into more traditional forms of securities fraud. And the private securities bar may take a page out of the agency’s book, as it has in the past, by bringing follow-on suits.”

To read the full article, click here. (subscription required)

 

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