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Stanford Law School Securities Class Action Clearinghouse a Collaboration with Cornerstone Research
 

 
  • FEDERAL SECURITIES CLASS ACTIONS | LAST FIVE YEARS

    Click Here to See All Filings by Year

 

  • SECURITIES CLASS ACTION FILINGS
    2024 Midyear Assessment

    Tracking of artificial intelligence–related filings began while the number of cryptocurrency-related filings declined
    The report found that plaintiffs filed 112 securities class actions in federal and state courts in the first half of 2024, an increase from the 103 class actions filed in the second half of 2023. The number of core filings—those without merger and acquisition (M&A) allegations—in 2024 H1 (110) was above the number of core filings in 2023 H2 (101) and the historical semiannual average (96). Tracking of the Artificial Intelligence (AI) trend category began; there were six such filings in the first half of 2024. The number of filings in all other trend categories—including Cryptocurrency—is on pace to decline in 2024, except for COVID-19-related filings, which are on pace to increase.
    Press Release · Full Report 

  • SECURITIES CLASS ACTION FILINGS
    2023 Year in Review

    Securities Class Action Filing Activity Increased Slightly in 2023, Reversing Recent Years’ Declines
    The report found that plaintiffs filed 215 securities class action lawsuits in federal and state courts in 2023, up slightly from 208 filings in 2022. The number of “core” filings—those excluding M&A filings—also increased slightly from the previous year. However, despite a small uptick in overall filing volume, the number of state 1933 Act filings and combined federal Section 11 and state 1933 Act filings fell in 2023. The number of filings in the three most common trend categories—SPAC, COVID-19, and cryptocurrency—also all fell in 2023.
    Press Release · Full Report 

News & Blogs Excerpts

   Headlines decisions, blogs, analysis
   Settlements on federal securities class actions
  1. Alibaba Group Holding Limited ($434M) Settlement
  2. Blink Charging Company ($4M) Settlement
  3. Aurora Cannabis Inc. ($8M) Settlement
  4. VMware, Inc. ($103M) Settlement
  5. Renovacare, Inc. ($2M) Settlement