Shareholder litigation following allegations of sexual misconduct have become more frequent in the #metoo era signaling an emerging risk to the c-suite. These claims can arrive in the form of securities lawsuits (alleging the company/directors blatantly misled investors) or derivative claims (alleging the directors/officers breached their fiduciary duty to the corporation by ignoring or concealing known misconduct). CBS, Guess, Wynn Resorts, National Beverage, Papa Johns and Signet Jewelers are just a few companies that saw their shares fall (in some cases) as much as 20%, following sexual harassment allegations. It’s also raising the question of when public companies should be…