Since the start of the pandemic many listed companies have sought to strengthen their balance sheet by raising additional capital from shareholders. This article considers the types of disclosures relating to Covid-19 that have been made to the market when doing so, the potential litigation risks that may be faced in the context of increased securities class actions activity in this jurisdiction, and how those risks may be appropriately managed.

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"This material was first published by Thomson Reuters, trading as Sweet & Maxwell, 5 Canada Square, Canary Wharf, London, E14 5AQ, in the September 2021 edition of JIBLR and is reproduced by agreement with the publishers."

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Rupert Lewis

Partner, Head of Banking and Financial Services Litigation, UK and EMEA, London

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Michael Jacobs

Partner, Head of Equity Capital Markets, London

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London Commercial litigation Litigation and dispute resolution Financial services litigation Class actions and collective litigation Business Protection and Risk Rupert Lewis Michael Jacobs Daniel May Sarah Ries-Coward