February 12, 2019

“Securities Class Action Filings Show No Signs Of Abating”

Three partners with the Skadden Arps law firm said in a Law360 expert analysis piece that they “anticipate the ever-increasing number of securities filings to continue into 2019.”

Jay Kasner, Scott Musoff, and Susan Saltzstein said they also expect the number of traditional stock-drop case filings to continue to rise “particularly if the volatility in the markets extends into 2019.” They do, however, point to some good news for defendants: They say the “number of dismissals also appears to be increasing,” particularly in states like New York and California, which see the most filing activity. Issues like class certification can play a big role in the dismissal trend.

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