The ongoing COVID-19 pandemic has caused the sharpest declines in stock market valuations since the 2008 financial crisis and subsequent recession. Financial crises and stock market turbulence often give rise to securities claims by shareholders and other investors in public companies. These claims primarily involve shareholders claiming that companies made material misstatements or omissions in public filings, in essence deceiving shareholders by not giving them adequate information about the risks to which the company was exposed.
