Securities Class Actions Show No Signs of Slowing In 2024

By Susan Saltzstein, Tansy Woan and William O’Brien (January 12, 2024, 5:22 PM EST) -- Plaintiffs asserted securities class actions at elevated levels in 2023 — a sign that filings will remain high in the year ahead. Based on data from Cornerstone Research through Sept. 30, 2023, plaintiffs were on pace to file approximately 216 federal and state securities class actions last year — a slight increase over the 208 suits brought in 2022 and roughly on par with the 218 suits brought in 2021....

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