28Jan
Despite Pandemic-Related Disruptions, Securities Class Action Filings Remain High With No Signs of Slowing
Despite unprecedented disruptions to the court system from the COVID-19 pandemic, plaintiffs continued to bring securities class actions at elevated levels in 2020 — a sign that filings will remain high in the year ahead. Based on data from Cornerstone Research through September 30, 2020, plaintiffs were on pace to file approximately 375 federal and state securities class actions through the end of the year. Although lower than the more than 400 actions filed in each of the previous three years,...
By:
Skadden, Arps, Slate, Meagher & Flom LLP
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