US securities suits at highest level since 2008

The number of US securities class actions filed in federal court
rose to 186 in 2015, along with five IPO-related lawsuits filed in
a state court, making it the most prolific year for suits since
2008.
The 186 federal suits represented a 9.4 percent increase from
2014, when 170 were filed, according to website D&O Diary.
The number of new securities suit filings was also 10 percent
higher than the six-year annual average of 169 for the period from
2009-2014....