This is part of a series of articles discussing how investors can use technology to monitor their trading portfolios and engage with counsel in a more informed way when considering direct actions. These are front-end, pre-filing approaches that supplement and enhance - not replace - full legal analyses by counsel.
Here we discuss using technology to illustrate the outer time limits by which filing decisions must be made. While the decision when to bring claims is strategic, and should be made in consultation with counsel, the law sets time limits after which claims cannot be brought, and investors should understand and track those limits.
What you will learn:
- Definitions of class period, statute of limitations, and statute of repose
- Using technology to visualize when your firm needs to take action
- The timing of filing decisions is strategic and should be made with assistance of counsel
