NERA Predicts Nine Percent Increase in Total Securities Lawsuit Filings This Year

A new report from the NERA Economic Consulting group on the securities class action filings from the year’s first quarter predicts a nine percent increase in total filings for all of 2019.

Based on the 118 lawsuits counted in the first quarter, the report predicts a total of 472 total securities class action for all of 2019. This would be a nine percent increase over last year’s total, which NERA put at 433, and would also be the highest since the 508 filings in 2001. The report also found that the average settlement value of the first quarter’s lawsuits (excluding settlements of over $1 billion and merger-objection cases) increased by about $6 million over last year.