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Board Diversity Litigation as an Emerging Directors’ & Officers’ Liability Risk

Litigation Event-Driven Litigation has emerged as a key point of exposure for public company directors and officers.

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Event-Driven Litigation has emerged as a key point of exposure for public company directors and officers. Board diversity, which has been a focus area of Environmental, Social, and Governance (“ESG”) investing for some time, rapidly is emerging as an important subset of Event-Driven Litigation. The social unrest of 2020 has heightened awareness of corporate initiatives to build diverse leadership teams and has highlighted those companies that have failed in their efforts to do so.