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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
    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 

  • SECURITIES CLASS ACTION FILINGS
    2023 Midyear Assessment

    Number of Securities Class Action Filings Increased in First Half of 2023
    The report found that plaintiffs filed 114 securities class actions in federal and state courts in the first half of 2023, a 23% increase from the second half of 2022 and in line with the semiannual average between 1997 and 2022. Six securities class actions related to the recent turbulence in the banking sector were filed (five in the first half of 2023 and one in the second half of 2022). There were 11 cryptocurrency-related filings in 2023. Of these, over half included allegations related to cryptocurrency exchanges.
    Press Release · Full Report 

News & Blogs Excerpts

   Headlines decisions, blogs, analysis
   Settlements on federal securities class actions
  1. QuantumScape Corporation ($48M) Settlement
  2. Okta, Inc. ($60M) Settlement
  3. Apple Inc. ($490M) Settlement
  4. Dapper Labs, Inc. : NFTs ($4M) Settlement
  5. Bloom Energy Corporation ($3M) Settlement