Looking Closer At A Record Year For Securities Cases

By Stefan Boettrich ( February 21, 2018, 10:58 AM EST) -- Securities class actions kept federal courts busy in 2017, as the pace of filings, settlements and dismissals each reached levels not seen in at least a decade. Filings were up 44 percent to 432, notching a third consecutive year of growth, while dismissals and settlements each grew by more than 30 percent. Growth in filings and resolutions was driven by an explosion of federal merger objection cases that commenced in early 2016 following the Trulia decision in the Delaware Court of Chancery.[1]...

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