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Research
September 3, 2013

Frequent Filers: Repeat Plaintiffs in Shareholder Litigation

In recent years, shareholder litigation against public corporations has grown into a substantial financial enterprise controlled by relatively few shareholders and the law firms that represent them. With increasing frequency, these shareholders are state or municipal pension funds. Their lawyers are private law firms that are hired by the state (or another government unit) to pursue the case on a contingency fee basis, meaning the firm is paid a percentage of the judgment or settlement if its client, the state, is successful.

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Summer 2022 | ILR Research Review | Volume 9, Issue 2 Class Action Litigation, False Claims Act (FCA), Over-Enforcement, Securities Litigation Reform Frequent Filers, securities fraud Frequent Filers Revisited: Professional Plaintiffs in Securities Class Actions Securities Litigation Reform ILR Briefly: Courting Confusion: Federal Securities Class Actions Don't Belong in State Courts Class Action Litigation, Securities Litigation Reform ILR Briefly: Municipality Litigation: A Continuing Threat Municipality Litigation, State Attorneys General Litigation vs. Restoration: Addressing Louisiana's Coastal Land Loss 2021 Municipality Litigation, State Attorneys General

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