Author Profile
Kevin LaCroix
Phone: (216) 378-7817
2000 Auburn Drive
Suite 200
Beachwood
OH
44122
United States
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About
Cleveland liability and insurance attorney Kevin M. LaCroix writes The D&O Diary, a blog about directors’ and officers’ liability insurance issues. Kevin is a Partner in OakBridge Insurance Services, Beachwood, Ohio, an insurance intermediary focused exclusively on management liability issues. Because of his successful blog, Kevin has been quoted in publications like the Wall Street Journal and New York Times, been offered invitations to speak at conferences, law firms, law schools, investment banks, and entertained requests to contribute writing to various publications.
Recent Articles
A Closer Look at Life Sciences Companies and Securities Litigation
Though down from the previous year on both an absolute and a relative basis, securities class action lawsuit filings against life sciences companies remained a significant component of all securities class action lawsuit filings during 2011, according to a March 20, 2012 memorandum entitled...
D&O Insurance: Protecting Directors and Officers Before, During and After Financial Reorganization
The process of restructuring financially distressed companies is complicated and fraught with challenges. Among the many potentially complicating challenges that can arise is the possibility of claims against the company’s management. Because of the risks involved with these kinds of claims,...
Second Circuit Rebuffs Rakoff, Grants Stay to Hear Appeal on Settlement Ruling
In a sharply worded March 15, 2012 per curiam opinion (here), a three-judge panel of the Second Circuit granted the motions of Citigroup and the SEC to stay district court proceedings in the SEC’s enforcement action against the company, so that the appellate court could consider the...
The Latest Updates on the Top Stories We're Following
FDIC Files First Failed Bank Lawsuit in Florida: Even though Florida has had the second highest number of bank failures of any of the states during the current bank failure wave (trailing only Georgia), the FDIC had not filed any failed bank lawsuit in Florida—until now. On March 13, 2012,...
Cornerstone Research Releases 2011 Securities Lawsuit Settlement Study
A decline in the number and size of settlements in 2011 led to a drop in aggregate and average securities class action settlement figures during the year, according to the annual study of securities suit settlements from Cornerstone Research. According to the study, entitled “Securities Class...