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.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.