The AIG report is based on data from Cornerstone Research. The report shows that during the year’s first six months, there were 35 core filings (that is, securities class action lawsuit filings excluding merger objection lawsuits) against non-U.S. companies with U.S. listings. (This filings tally does not include the several securities class action lawsuits that were filed against a number of cryptocurrency companies in April.) The 35 lawsuits filed against non-U.S. companies in the year’s first half is well above the first-half 2019 total of 29 lawsuits against foreign filers.
