Securities Posts

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…

Avoiding Risks with Third-Party Claims Filers

woman holding a paper

Claims filing services, or third-party filers, can increase class participation and drive valid claims during the class action claims administration process. However, third-party filers sometimes engage in practices that lead to unnecessary work for the settlement administrator and create many challenges and even obstacles that attorneys should be aware of to avoid spending additional, unwarranted time and money. What is a third-party filer? A third-party filer, or claims filing service, is a company that seeks out class members and files…