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
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
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
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
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
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
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
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
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
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
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
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