Anjali Das (Partner-Chicago) recently wrote an article that examined regulators' increasing attention on financial and accounting fraud allegations involving China-based reverse-merger entities traded on U.S. stock exchanges. The article titled "Claims Against China-Based Reverse Merger Companies: A Tempest in a Teapot of Gunpowder or Green Tea?" was published as a Wilson Elser client alert in July and then was posted on
D&O Diary, one of the leading industry blogs for directors and officers liability. The article also garnered the attention of Business Insurance where Ms. Das was quoted in an article published by on August 6, 2011 titled "Chinese Reverse Mergers Pushing Up D&O Liability Prices." Ms. Das's article and comments on D&O claims against China reverse-merger entities have also been cited by Stanford Securities Class Action Clearinghouse, Martindale-Hubbell, Interceder.net, Freemanagement.org, American Insurance Company, Justicia Blawg, and Liaiblityinsuranceinsandouts.com.
Ms. Das's practice focuses on professional liability insurance coverage matters, including representing the interests of domestic and foreign primary and excess insurers in connection with high exposure claims and class actions against public companies and their directors and officers, financial institutions, investment banks, insurance companies, and ERISA plan fiduciaries. She regularly speaks and writes on directors and officers liability issues. She will be moderating and speaking on China reverse-merger claims and other D&O topics at the first annual Crittenden Middle Markets Insurance Conference on September 13, 2011 in Chicago.
Read the article:
http://www.businessinsurance.com/article/20110821/NEWS07/308219990