Litigation
Feb. 2, 2017
Securities class action filings spike in 2016, driven by M&A cases
A boom in litigation driven by mergers and acqusitions and cases against foreign issuers, financial firms, and biotechnology companies produced a record number of securities class action filings last year. But securities experts caution that the spike in cases in 2016 may not be a long-term trend.
Daily Journal Staff Writer
A boom in litigation driven by mergers and acqusitions and cases against foreign issuers, financial firms, and biotechnology companies produced a record number of securities class action filings last year. But securities experts caution that the spike in cases in 2016 may not be a long-term trend.
According to a report released Tuesday by Cornerstone Research and the Stanford Law School Securitie...
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