D&O Developments primarily reports and digests published appellate decisions in Private Securities Litigation Reform Act cases. Various members of our Securities Litigation Practice Group contribute pieces.
In our latest D&O Developments post, my partner Heidi Bradley discusses the Ninth Circuit’s decision in Retail Wholesale & Department Store Union Local 338 Retirement Fund v. Hewlett-Packard Co., 845 F.3d 1268 (9th Cir. 2017), in which the Ninth Circuit held that former H-P CEO Mark Hurd’s violations of its ethics policy did not demonstrate that their statements about ethics-policy compliance were materially false or misleading.
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