Webcast Replay: Protecting Directors and Officers in Times of Distress in the Cannabis Sector
Publicly listed Cannabis companies have experienced an unprecedented number of securities class actions. Investor losses due to market volatility, regulatory setbacks, allegations of misleading disclosure and omissions, and an underdeveloped corporate governance framework have resulted in plaintiff firms seeking to bring actions on behalf of a class of shareholders. In this environment, it can be difficult to attract experienced board members with the requisite expertise. Defending a securities class action is expensive, time consuming, and erodes the value of the company and confidence of shareholders.
In order for publicly traded Cannabis companies to navigate this challenging and complex environment, they need to establish appropriate disclosure and corporate governance practices, strong regulatory and compliance oversight, and a robust Directors and Officers liability insurance program.
Listen to our webcast to learn how publicly listed cannabis companies can reduce the risk of a securities class action and the impact to the company if one occurs.
This webcast covers:
- The current state of the Cannabis industry and securities claims activity
- The drivers for the surge in claims activity against the Cannabis sector
- Legal perspectives on best corporate governance and compliance practices
- Directors and officers liability market conditions and key considerations
- Lara Jackson, Partner, Cassels Brock & Blackwell LLP
- Robyn Campbell, Senior Vice President, FINPRO Claims Advocacy Practice, Marsh Canada Ltd.
- Peter Horrobin, Underwriter, Ascot Group (Bermuda)
- Cory Verconich, Cannabis Practice Leader, Marsh Canada
Please note, this webcast is available in English only and there are no presentation slides.
Protecting Directors and Officers in Times of Distress in the Cannibas Sector