Daily Archives: January 23, 2020, 10:06 am

NERA Economic Consulting: Federal Securities Suit Filings Remain at Recent Elevated Levels | The D&O Diary

Securities class action lawsuit filings remained at elevated levels in 2019, but the mix of cases changed during the year, according to the recently published annual report from NERA Economic Consulting. According to the report, which is entitled “Recent Trends in Securities Class Action Litigation: 2019 Full-Year Review,” there were relatively fewer merger objection lawsuits during the year, and relatively…

Read More

SEC Disgorgement ‘Critical’ to Stop Fraud, States Tell SCOTUS (2)

The SEC’s ability to recover ill-gotten gains from wrongdoers is “critical” to joint securities enforcement efforts, attorneys general from 23 states and the District of Columbia told the U.S. Supreme Court in a filing. The bipartisan group of state law enforcement officials urged the court Tuesday to side with the Securities and Exchange Commission when it hears arguments March 3…

Read More