The Atlanta Journal-Constitution Interviews Andy Sumner on New Georgia Law Affecting Shareholder Suits

Alston & Bird Securities Litigation partner Andy Sumner is quoted in The Atlanta Journal-Constitution article “Georgia Lawmakers Give Businesses a Boost in Court Battles” (subscription required), discussing a newly effective Georgia law that provides companies and their officers with protections against shareholder claims. Andy said the law creates needed protection for corporate decision-making. “Otherwise,” he noted, “every decision you make could be the subject of a lawsuit from a single shareholder who can file a class action on behalf of all shareholders.”