• Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Past Events
  • Contact
Securities Docket
  • Class Actions
  • Criminal
  • Events
  • Features
  • Global
  • People
  • SEC
Browse: Home / 2019 / August / 09 / Experts Say Securities Fraud Claims Remain High, and Insurance Rates Will Follow | Corporate Counsel

Experts Say Securities Fraud Claims Remain High, and Insurance Rates Will Follow | Corporate Counsel

By Securities Docket on August 9, 2019, 9:23 am

The Securities Class Action Filings—2019 Midyear Assessment, released Thursday by Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse, shows that plaintiffs filed 198 new federal securities class actions in the first half of 2019. The number of filings continued this year at a near record level.

“The likelihood of a lawsuit of this type has increased substantially over the last 10 years,” said Sasha Aganin, vice president of Cornerstone Research and co-author of the report. “If you go back to 2010, the likelihood was slightly above 2%. Now it’s above 5%.” And even higher for Standard & Poor’s 500 firms at 6.4%.

Aganin said the increased number of filings carry a financial impact beyond the mere cost of litigation and settlements.

via Experts Say Securities Fraud Claims Remain High, and Insurance Rates Will Follow | Corporate Counsel.

Posted in Class Actions, Top | Tagged Reports

« Previous Next »

Subscribe

‘Enforcement 40’ for 2020

The inside story behind the collapse of Queensland Nickel

Our Sponsors

Securities-Docket_260x125_14Sec

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2023 Securities Docket.

  • Home
  • About
  • ‘Enforcement 40’ for 2020
  • Webcasts
  • Enforcement Hall of Fame
  • Contact
  • Criminal
  • Class Actions
  • Features
  • Global
  • People
  • SEC
  • Events