Securities Litigation Reform

Securities class action filings have skyrocketed recently, primarily due to merger and acquisition challenges and event-driven litigation. These lawsuits often produce no tangible benefit for the class members but can lead to huge fees for the lawyers. Reforms would help drive out meritless cases from the courts.

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Support for Petition for Rulemaking on COVID-19 Related Litigation

A group of 14 trade associations and business groups sent the below letter urging the U.S. Securities and Exchange Commission in support of new rules aimed at curbing abusive COVID-related securities…

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Research
ILR Briefly: Courting Confusion: Federal Securities Class Actions Don't Belong in State Courts
Summer 2020 | ILR Research Review | Volume 7, Issue 1
ILR Briefly COVID-19 Series: Liability Overview
ILR Briefly: An Update on Securities Litigation
ILR Research Review - Spring 2019
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