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.

From the President's Desk: New ILR Briefly Paper Shows Securities Class Actions on the Rise

A new Institute for Legal Reform report highlights a disturbing trend: securities class actions are on the rise.

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