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July 26, 2017

In the News Today – July 26, 2017

Securities Class Actions Hit Record High: A record number of would-be class securities fraud suits were filed in the first half of 2017. With 226 cases filed, the number of new lawsuits is a 49 percent spike from the second half of 2016. 4.7 percent of U.S. exchange-listed companies were sued in securities class actions over the past six months. At that rate, 9.5 percent will be the subject of filings by year end—the highest since 1997. (Bloomberg BNA)

American Association of Justice Descends on Boston: Boston is this year’s home to the American Association for Justice (AAJ) Annual Conference – the plaintiffs’ lawyers’ homecoming, where they discuss the latest and greatest in litigation trends and what drugs, products, devices, and more they’ll be targeting next. This year’s schedule includes full sessions for litigation over ski areas, guardrails, ride sharing, resort excursions, bicycles, hair dye, “inadequate security,” and so much more. (ILR Blog)

 

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