'Blistering pace' set for securities lawsuits in 2017
This year is on course for an unprecedented number of securities
lawsuits, according to research published by The D&O Diary.
There were 125 securities class action lawsuit filings during
the first quarter of 2017. This implies a total of 500 lawsuits by
the year-end, which would be the highest annual number of
securities class actions in the modern era, according to the
blog.
By comparison, 2001 saw a wave of IPO laddering cases, which led
to 498 securities filings that...
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