Even though (as have been well-documented by other observers) securities class action litigation filings increased in 2013, overall corporate and securities litigation filings during 2013 declined for the second year in a row, according to a February 4, 2014 report from the insurance information firm, Advisen. Though the corporate and securities filing activity in 2013 was below levels seen in more recent years – as credit crisis-related litigation swelled litigation levels – the litigation levels last year were above historical averages as well as above pre-credit crisis levels. The report, which is entitled “D&O Claims Trends: 2013 Wrap-Up & Possibilities for 2014,” can be found here.
via Advisen Releases 2013 Corporate and Securities Litigation Report– The D&O Diary