Economic downturns create market conditions that are ripe for corporate misconduct. Several high-profile instances of corporate fraud, notably
Wirecard and Luckin Coffee, were exposed in 2020. That trend is likely to continue, and indeed The Economist estimates that a decade's worth of corporate fraud will be exposed as a result of the market fallout from the Covid-19 pandemic.
Burford Insights: What are the key trends in securities litigation?
Burford Director Michael Sternhell works with the world's largest asset managers to identify, evaluate and pursue securities litigation globally, leveraging his experience overseeing a diverse litigation portfolio as in-house counsel for a leading global asset management firm. In this video he explains current trends in securities litigation:
- How an increase in corporate fraud will affect the securities landscape in 2021
- How asset managers are preparing for securities litigation on a scale not seen since the 2008 financial crisis
- The benefits of portfolio finance for asset managers