Cornerstone Research has published a new study on trends in securities class action settlements concluding that the total number of securities class action settlements, the total amount of settlement dollars, and the average settlement value, fell to their lowest levels in 10 years in 2011. Michael J. de la Merced of the New York Times authored this article summarizing the study’s [...]
Archive for the ‘Reports and Surveys’ Category
Securities Class Action Business Not Booming, Says Cornerstone Research
Posted in Class Action Trends, Reports and Surveys, Securities Class Actions, tagged class action, class action settlement, cornerstone research, pslra, reform act, securities class action, settlement trends, slusa on March 14, 2012 | 2 Comments »
Are US Class Actions in Danger of Being Outsourced to Mexico?
Posted in Class Action Trends, International Class Action Law, Other class action blogs, Reports and Surveys, Securities Class Actions, tagged australia class action, f-cubed, foreign cubed, international class action, mexican class action, mexico, mexico class action, morrison, national australia bank, securities class action on March 5, 2012 | Leave a Comment »
Kevin LaCroix, whose blog The D&O Diary is a premier source for the latest trends in securities-related class action litigation, has an excellent post out today discussing two key developments in an area that is very close to my heart, international class action litigation. The first part of LaCroix’s post discusses a recent publication from Asia-based International law firm King & Wood Mallesons discussing class action [...]
Cornerstone Research Issues Annual Report on Securities Class Action Settlements
Posted in Class Action Settlements, Class Action Trends, Reports and Surveys, Securities Class Actions, tagged "plaintiff-style" damages, accounting principles, class action settlement, cornerstone research, institutional investor, pslra, reform act, securities class action, securities class action settlement on March 16, 2011 | Leave a Comment »
Yesterday, Cornerstone Research published its annual report titled Securities Class Action Settlements–2010 Review and Analysis. Among the findings in this year’s report: The number of approved securities class action settlements was at a 10-year low The total dollar value of settlements decreased 17% from 2009 to 2010, The median settlement amount was up 40%, but the average [...]
Shockingly, Study Finds that Many Class Action Notices Don’t Comply with the Rules
Posted in Class Action News, Class Action Trends, Reports and Surveys, tagged class action notice, class notice, federal judicial center, fjc, frcp 23, frcp 23(c)(2)(B), leclercq, plain language notice, publication notice, wheatman on February 18, 2011 | 3 Comments »
Class action notice expert and occasional CAB guest blogger, Dr. Shannon Wheatman, has a must-read article coming out on trends in class action notices. The article, co-authored with plain language expert, Dr. Terri R. LeClercq, is being published in the University of Texas law journal The Review of Litigation and will be titled Majority of Class Action Publication Notices Fail [...]
Workplace and Securities Class Action Trends
Posted in Class Action Trends, Reports and Surveys, tagged class action report, employment class action, employment litigation, m & a class action, securities class action, wage and hour class action, workplace class action, workplace litigation on January 25, 2011 | Leave a Comment »
I’m late for my Inns of Court dinner, so time does not permit me to elaborate in detail, but I wanted to point out two recent class action-related reports of note. Be sure to check them out. 1) Seyfarth Shaw’s Seventh Annual Workplace Class Action Litigation Report. 2) Cornerstone Research, Securities Class Action Filings, 2010 [...]
NERA Economic Consulting Issues Report on Securities Class Actions in Canada
Posted in Class Action Trends, International Class Action Law, Reports and Surveys, tagged canadian class action, securities class action, canada class action, ontario class action, NERA, secondary market liability on January 28, 2010 | Leave a Comment »
Yesterday, NERA Economic Consulting issued a working paper entitled Trends in Canadian Securities Class Actions: 2009 Update. The paper covers offers a variety of figures and statistics on cases being pursued, time to resolution, the values of settlements reached in 2009, the exposure represented by cases still pending, and the number of cases with parallel U.S. proceedings. [...]
Stanford/Cornerstone Issue Mid-Year Report on Securities Class Action Trends
Posted in Class Action Trends, Reports and Surveys, Securities Class Actions, tagged class action report, Class Action Trends, financial crisis litigation, global financial crisis, securities class action on July 21, 2009 | Leave a Comment »
As reported in this recent Financial Times article, the Stanford Law School Securities Class Action Clearinghouse and Cornerstone Research have issued a Mid-Year Report on trends in securities class action filings. Among the report’s key findings are that U.S. securities class actions against foreign companies are on the rise and that the financial industry continues to be the target of “unprecedented [...]
Expert Testimony and the Rigorous Analysis Standard
Posted in Lawyers' Resources, Reports and Surveys, rule 23, tagged expert testimony, frcp 23, rigorous analysis, rule 23, white paper on July 9, 2009 | Leave a Comment »
Economist David Gulley, Ph.D., of Navigant Consulting, has authored an informative white paper entitled Recent Trends in Rule 23 Class Certification Expert Analysis. Dr. Gulley’s article explores the expanding role of experts and increased scrutiny over expert opinion testimony in class certification proceedings in light of recent federal appellate decisions placing renewed emphasis on the rigorous analysis standard. See the Second Circuit’s [...]
Credit Crisis Litigation Trends
Posted in Class Action Trends, Reports and Surveys, tagged credit crisis, credit crisis class action, credit crunch, securities class action on July 1, 2009 | Leave a Comment »
Jaclyn Jaeger of Compliance Week authored a comprehensive article published yesterday highlighting trends in credit crisis-related securities class action lawsuits. The article summarizes a June 15, 2009, NERA Consulting report entitled “An Update on the Credit Crisis Litigation: A Turn Towards Structured Products and Asset Management Firms.” Here is a link to the article, which in turn includes a [...]
PWC Issues Annual Securities Class Action Report
Posted in Reports and Surveys, Securities Class Actions, tagged class action report, class action statistics, Class Action Trends, securities class action on April 15, 2009 | 2 Comments »
PriceWaterhouseCoopers has published its 13th annual report on trends in private securities class actions. The 2008 report offers a variety of statistics, trends, and insights into securities class action litigation from the past year. Some of the statistical highlights include an overall increase in filings but a decrease in the number and amount of settlements. The [...]

