Title

Codes of Ethics and Securities Litigation
Client Memorandum

Created date

4/30/2020

A $240 million settlement last month in a federal securities class action against Signet Jewelers Ltd. highlights risks that public companies face in connection with statements in their codes of ethics, codes of conduct, and other similar compliance documents.  Public companies should think carefully—and consult where appropriate with disclosure counsel—about their corporate codes of ethics and related documents and disclosures.