Recent Posts

Cornerstone Research Report: Securities Suits ‘Depressed’ In Year's First Half
Posted on 26 Jul 2013 by Kevin M. LaCroix

Securities class action lawsuit filings “remained at depressed levels” during the first half of 2013 according to the latest report from Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse. The report, entitled... Read More

Cornerstone Research Report Highlights Trends In Securities Class Actions
Posted on 2 Aug 2011 by Thomas O. Gorman

The number federal securities class action suits filed in the first half of 2011 decreased compared to the second half of 2010. At the same time however the number of cases filed increased compared to the first half of 2010, according to a new report... Read More

Cornerstone, NERA Reports Chronicle Securities Class Action Filings For 2012
Posted on 7 Aug 2012 by Thomas O. Gorman

Trends in the filing of securities class actions are chronicled in reports issued by Cornerstone Research and NERA Economic Consulting for the first half of 2012. The two reports agree on a number of items but differ on the overall trend regarding the... Read More

Cornerstone Study Tracks Increase In Shareholder Litigation Involving Mergers And Acquisitions
Posted on 4 May 2012 by Kevin M. LaCroix

On April 25, 2012, Cornerstone Research released a report written by Stanford Business School Professor Robert Daines and Cornerstone Research Principal Olga Koumrian entitled "Recent Developments in Shareholder Litigation Involving Mergers and Acquisitions... Read More

Study: 2010 Median Settlement Amount Of Securities Class Actions Hit Record
Posted on 11 Mar 2011 by Kevin M. LaCroix

Though the average dollar value of securities class action settlements approved in 2010 declined slightly compared to 2009, the median settlement amount reached record levels, according to Cornerstone Research's annual 2010 Securities Class Action... Read More

Some Securities Class Action Lawsuits Still Being Filed After Considerable Delay
Posted on 4 Aug 2011 by Kevin M. LaCroix

Among other things, Cornerstone Research's mid-year 2011 analysis of securities class action lawsuit filings reported that during the year's first half lawsuits were filed more quickly. The report said that in the first six months of 2011 "the... Read More

Cornerstone Report Says Securities Class Actions Involving Accounting Allegations Less Likely To Be Dismissed, Take Longer To Resolve
Posted on 13 Apr 2013 by Kevin M. LaCroix

Securities class action lawsuits involving accounting allegations are less likely to be dismissed, take longer to resolve, and make up a much greater proportion of total securities suit settlement dollars than non-accounting cases, according to a new... Read More

Cornerstone Research Report Shows Uptick In Securities Class Action Filings Over Last Year
Posted on 24 Jan 2012 by Thomas O. Gorman

The number of securities class actions filed in 2011 increased to 188 compared to 176 filings the prior year, according to a recent report from Cornerstone Research. That number is still below the average of 194 cases filed from 1997 through 2010. One... Read More

U.S. Chamber Proposes Legislative Solutions To M&A-Related Litigation
Posted on 30 Oct 2012 by Kevin M. LaCroix

The growing problem of M&A-related litigation has been well-documented on this site (refer for example here ). The prevalence of M&A litigation has grown to the point that virtually every M&A transaction involves litigation, and often involving... Read More

Increase In Accounting Class Action Securities Filings Fueled By Chinese Reverse Merger Cases
Posted on 24 May 2012 by Kevin M. LaCroix

On the eve of the tenth anniversary of the enactment of The Sarbanes Oxley Act, Cornerstone Research has released a study of the filing trends and settlements of securities class action lawsuits involving accounting allegations. The May 2012 report entitled... Read More

Interview With Stanford Law Professor Joseph Grundfest About The State Of Securities Class Action Litigation
Posted on 26 Jan 2011 by Kevin M. LaCroix

Every year, the Stanford Law School Securities Class Action Clearinghouse , in conjunction with Cornerstone Research , releases its annual overview of securities class action lawsuit flings. As I noted in a post last week, this year's version introduced... Read More

Securities Class Action Filings Decreased Sharply In 2012, According To Report By Cornerstone Research, Stanford Law School
Posted on 23 Jan 2013 by LexisNexis Litigation Resource Community Staff

Filings Related to Mergers and Acquisitions and Chinese Reverse Mergers Decline Substantially; No New Credit Crisis-Related Class Actions Filed BOSTON - Federal securities fraud class action filing activity decreased sharply in 2012, according to Securities... Read More