A $240 million settlement last month in a federal securities class action against Signet Jewelers Ltd. highlights risks that public companies face in connection with statements in their codes of ethics, codes of conduct, and other similar compliance documents.  Public companies should think carefully—and consult where appropriate with disclosure counsel—about their corporate codes of ethics and related documents and disclosures.

If you have any questions regarding the matters covered in this publication, please reach out to any of the lawyers listed below or your usual Davis Polk contact.

This communication, which we believe may be of interest to our clients and friends of the firm, is for general information only. It is not a full analysis of the matters presented and should not be relied upon as legal advice. This may be considered attorney advertising in some jurisdictions. Please refer to the firm's privacy notice for further details.

Related materials

Read the full update
Copy link to share post