Forming a Special Litigation Committee (SLC) is an effective way for boards to control stockholder derivative lawsuits, and companies should ensure that SLC investigations are robust—thorough, well documented, and demonstrate good faith, including active engagement from SLC members with reliance on outside counsel—while maintaining sufficient oversight to withstand judicial scrutiny, advises Morgan Lewis partner Jody Barillare, and associates Brian Morris and Brian Loughnane, in an authored LexisNexis article.