Cornerstone Research: Securities Suits “Depressed” in Year’s First Half — The D & O Diary

Securities class action lawsuit filings “remained at depressed levels” during the first half of 2013 according to the latest report from Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse…. 

According to the report, there were 74 securities class action lawsuit filings in the year’s first half, which represents a 16 percent decline from the first half of 2012, but a 16 percent increase over the second half of 2012. The 74 filings in the first half of 2013 were well below the historical average of 95 per six-month period.

via Cornerstone Research: Securities Suits “Depressed” in Year’s First Half — The D & O Diary.