US securities class actions surge in 2018

US Federal Courthouse Credit: iStock/Rex_Wholster

US securities class actions reached a new peak last year, recording the highest number of filings since the 2000 dotcom crash, according to analysis by NERA Economic Consulting. However, NERA also noted a 25% drop in actions against foreign firms. This follows four years of growth in the exposure of foreign firms to securities litigation in the US. A total…

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