M&A Fuels 2011 Securities Class Action Bump: Report

Law360, New York (January 18, 2012, 12:00 AM EST) -- Federal securities fraud class action activity rose slightly in 2011, fueled by an increase in suits over mergers and acquisitions, according to a survey released Thursday, but one of the survey's authors says those cases are "empty litigation calories."

A total of 188 federal securities class actions were filed in 2011, up from 176 in 2010, according to the report issued by the Stanford Law School Securities Class Action Clearinghouse, a joint project between the law school and Cornerstone Research.

Still, the numbers are relatively flat....
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