Excerpt:
A recent report showing that 2024 was the second consecutive year of increased securities class-action filings will likely attract the attention of directors and officers liability underwriters, but the rise is unlikely to affect pricing, experts say. The report by Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse said 225 securities class actions were filed last year, up from 215 in 2023 and 208 in 2022. [...]