Recent Trends In Securities Class Actions

Law360, New York (October 29, 2007, 12:00 AM EDT) -- Securities class action filings have decreased, whether for the short or long term. But large settlements have increased, as has the personal exposure of directors and officers.

And the litigation exposure is no longer confined to the U.S.; securities fraud enforcement has spread internationally.

Faced with the high stakes and litigation costs of these cases, courts have strengthened the defense’s hand and raised the bar for plaintiffs by toughening the requirements to plead securities violations, to certify class actions and to prove loss causation.

One way...
To view the full article, register now.