NERA recently published “Recent Trends in Securities Class Action Litigation: 2022 Full-Year Review,” which shows new federal securities class action suits filed in 2022 has declined for the fourth consecutive year.
The 2022 edition of the annual report utilizes NERA’s proprietary database of securities class actions, which spans more than three decades. Senior Consultants Janeen McIntosh, Svetlana Starykh, and Edward Flores, the report’s authors, consider litigation trends related to the number of filings, the economic sectors involved, the number of settled and dismissed cases, settlement values, and plaintiffs’ attorneys’ fees and expenses.
Highlights from the 2022 report include:
–205 new federal securities class action suits were filed in 2022, compared to 210 in 2021 and 431 in 2018.
–25 crypto federal class action suits were filed, more than double the number of similar suits filed in 2021….
Source: Recent Trends in Securities Class Action Litigation: 2022 Full-Year Review
