Securities Posts

Third-Party Filers in Securities Class Action Settlements

woman holding a paper

Securities class action litigation, like most other class actions, are opt-out lawsuits, which automatically include members of the class unless those members take affirmative action to exclude themselves. However, some investors do not participate in the settlement because they view the claims process as too complicated or not worthy of their time. One empirical study by Cox and Thomas (2005) revealed that less than one-third of large institutional investors filed claims in securities class actions. Smaller investors are even less…

Securities Class Action Core Filings are Trending Upward, Study Finds

According to a recent study, securities class action filings not related to mergers and acquisitions are reaching record levels due to more unpredictable markets. In addition, the study found an upward trend toward more defendants named in filings. A report released by Cornerstone Research and the Stanford Law School Securities Class Action Clearinghouse found filings not related to mergers reached 126 in the first half of 2019, representing a 17% increase when compared to the previous six months. The research…

In addition to the insights you’ll find in the blog, you can learn more about services offered by Heffler Claims for securities class action administration on its corresponding practice area page.