1H24 Securities Suit Filings Project YE Totals Ahead of Last Year’s Pace | The D&O Diary

The number of federal court securities class action lawsuit filings in the year’s first half reflected a filing pace that projects year-end numbers ahead of last year’s full-year totals.

According to my tally, there were 109 federal court securities class action lawsuit filings in the first six months of 2024. (Please note that the figures in this post do not include or discuss state court securities class action lawsuit filings.) The first-half filings, if annualized for the full twelve months of the year, suggest a year-end total number of filings of 218, ahead of the 213 securities suits filed in full-year 2023. But while the year-end projected number suggests a slight increase over 2023, it is worth noting that the 108 2024 first-half filings total was actually slightly behind the 114 filings in the first half of 2023.

Source: 1H24 Securities Suit Filings Project YE Totals Ahead of Last Year’s Pace | The D&O Diary