Excerpt:
The number of securities class-action lawsuits filed in 2023 increased for the first time in four years, according to a report released by Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse. The report, Securities Class Action Filings—2023 Year in Review, found that plaintiffs filed 215 securities class-action lawsuits in 2023, up from 208 in 2022. [...]