January 30, 2018
The number of class action lawsuits in the United States accusing companies of fraud and other securities law violations soared in 2017, topping one a day even as the value of settlements plunged, a study released on Monday shows. There …
January 27, 2015
The size of federal class action lawsuits accusing companies of securities fraud has dropped significantly, new studies show, as the bull market in stocks approaches its sixth birthday. Losses claimed by shareholders, measured by how much stock prices fell when …
November 19, 2014
To assist companies seeking to settle consumer class-action lawsuits gain greater certainty over their potential payouts, insurance broker Marsh has launched a specialty insurance product that transfers a company’s known settlement exposure to the insurance market. Created by Class Action …
January 22, 2014
More securities class actions were filed in U.S. federal court in 2013 compared to 2012 but the increase was small. Also, the number of settlements was near a record low. According to a report by NERA Economic Consulting in New …
January 15, 2013
U.S. securities regulators reached 714 settlements with defendants in civil cases in the 2012 fiscal year – the highest number since 2007, a report released on Monday showed. The biannual report by NERA Economic Consulting found that the overall number …
January 3, 2012
The pace of filings of class actions under federal securities and commodity laws held relatively steady in 2011 as compared to the previous three years, according to a new report. But there has been a substantial shift in the composition …