Firms Considering IPOs Advised to Prepare for Lawsuits

Newport Beach-based Jason de Bretteville, chair of Stradling's White Collar Criminal Defense practice group and co-chair of the firm's Enforcement Defense & Investigations practice group, was quoted in an article published in Business Insurance, “Firms Considering IPOs Advised to Prepare for Lawsuits.” The article discusses different measures firms can take to avoid becoming the target of increased IPO litigation being filed in more plaintiff-friendly state courts, such as developing a relationship early on with their directors’ and officers’ liability insurance. de Bretteville stated “some defendants may find success in seeking stays in state court cases where there are parallel federal court claims.” Read the full article here.