Notice Regarding Events At this time, we have canceled or postponed most events scheduled between March 4 and May 15. Registered attendees for cancelled events have/will receive emails with details.
SECURITIES CLASS ACTION FILINGS 2020 Year in Review
The report found that plaintiffs filed 334 new securities class action cases in federal and state courts in 2020, compared to a record 427 filings in 2019. There were 234 core filings—those excluding M&A activity—down 12% from 2019 levels. Federal M&A filings fell 38% from the previous year. Declines in state court filings and filings related to M&A contributed to a 22% decrease in the number of securities class actions filed in 2020. Plaintiffs filed complaints against fewer than 400 issuers for the first time since 2016.
Press Release ·
Full Report
SECURITIES CLASS ACTION FILINGS 2020 Midyear Assessment
The report found that the number of filings remained higher than the historical average, but was 18% lower than in the second half of 2019 and the lowest level since the second half of 2016. The filing slowdown affected both core and M&A filings, which declined by 13% and 25%, respectively.
Press Release ·
Full Report
TECH COMPANY SECURITIES CLASS ACTION FILINGS AND SETTLEMENTS 2015–Q1 2020 Review and Analysis
The report found that the number of filings against tech companies increased to a record 85 new cases in 2019 from 55 the year before. Companies in the Internet and Software subsectors were targeted in 66% of 2019 cases. Tech company cases in both federal and state courts have boomed over the last four years, accounting for 20% of total securities class action filings.
Press Release ·
Full Report
