Stephen Blake and Jordan Lamothe Author The Recorder Article on Recent Increase in Caremark Claims
03.10.23
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Litigation Partner Stephen Blake and Associate Jordan Lamothe authored an article titled, “Burgeoning 'Caremark' Claims Likely to Drive Stockholder Demands,” which was published in The Recorder. The article explains that there has been a noticeable increase in the frequency of stockholder derivative claims targeted at corporate oversight—colloquially referred to as Caremark claims—over the past four years. It also analyzes this trend and the significant implications it may carry for companies surrounding the design of their oversight structures, as well as for the potential liability of directors and officers.
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