Securities Lawsuits Rise Anew In Third Quarter: Advisen

Securities Lawsuits Rise Anew In Third Quarter: Advisen - 8/3/2009

Home

Index of Filings

News and Press Releases

Filings

Decisions

Settlements

Litigation Activity Indices

Top Ten List

Annual/Quarterly Updates

Clearinghouse Research

Articles & Papers

Search

Related Sites

About Us

Local Rules

Sponsors

Register

_______________
Copyright © 2001
Stanford Law School

2009 News and Press Releases

SEARCH

News	News 2009
HEADLINES \| SETTLEMENTS AND DISMISSALS \| COURT FILINGS LINKS TO OTHER NEWS \| NEWS ARCHIVE	HEADLINES ARCHIVED SETTLEMENTS AND DISMISSALS ARCHIVED

HEADLINE NEWS:

Securities Lawsuits Rise Anew In Third Quarter: Advisen
Roberto Ceniceros

BusinessInsurance.com. August 3, 2009
_________________________________________________________________________

EXCERPT: An increase in securities-related lawsuits filed during the first weeks of the third quarter suggests a second-quarter lull in the litigation may have been an aberration, concludes an Advisen Ltd. report. Plaintiffs filed 221 securities lawsuits in what Advisen described as a “hyperactive first quarter.” In the second quarter, just 140 such suits were filed, including 37 class actions, a sharp decrease from the second quarter, New York-based Advisen said. “However, an uptick in securities class action suits filed in the first few weeks of the third quarter suggests that the second quarter was only a breather in what is shaping up to be an active year for securities litigation,” Advisen said in a statement. […] Advisen also said federal securities class action suits no longer account for the majority of securities suits, as was true in the past. In the second quarter, the most frequent claims were securities fraud suits filed by regulators and law enforcement agencies.

Back to News page | Back to Archived News 2009 page | Back to Top

�