In the News Today – February 27, 2019

Securities Lawyer Calls for Consistent Standards in Event-Driven Litigation: Replacing the patchwork caused by the differing standards on pre-stock drop event disclosures is necessary, one lawyer says, could help “that not every negative operational event that a company faces becomes a lawsuit alleging securities fraud.” (Law360)

Pet Food Recall Spurs Seven Class Actions in Four States in Three Weeks: A pet food company issued a recall on January 31. Three weeks later, seven different class action lawsuits had been filed across the country in Florida, Rhode Island, New York, and California by some of the most high-profile plaintiffs’ firms. (Legal Newsline)