Daily Archives: January 26, 2021, 9:52 am

NERA: 2020 Securities Suit Filings Down vs. 2019, But Above Long-Term Levels | The D&O Diary

Federal court securities class action lawsuit filings declined 22% in 2020 compared to 2019, but the 2020 filings were still above the long-term historical average annual numbers of filings, according to NERA Economic Consulting’s annual securities litigation report. The 2020 securities suit filing drop-off reflected a decline in the number of federal court merger objection class action lawsuits filed during…

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Alert: New SEC Leadership to Focus on Enforcement | Cooley LLP – JDSupra

We expect that under the new administration, the SEC will use its expanded authority and resources to more aggressively pursue securities violations at public companies. In the near term, we expect particular scrutiny of high-visibility tech companies, life sciences companies under the microscope in the age of COVID-19 and post-IPO companies experiencing rapid growth. Source: Alert: New SEC Leadership to…

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