'Defensive disclosure' can prevent stock suits.(companies should forewarn stockholders of bad financial news): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

by Kevin M. LaCroix

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This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on September 18, 1995. The length of the article is 790 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Companies should adequately warn stockholders of bad financial news in order to mitigate the possibility of stock suits. Securities-fraud, class action lawsuits usually follow a stock price drop following unanticipated bad news. One prudent risk management step is to include a 'defensive disclosure' clause in shareholder periodic reports that go to the Securities and Exchange Commission.

Citation Details
Title: 'Defensive disclosure' can prevent stock suits.(companies should forewarn stockholders of bad financial news)
Author: Kevin M. LaCroix
Publication: National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: September 18, 1995
Publisher: The National Underwriter Company
Issue: n38 Page: p29(2)

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