Why Section 11 Class Actions Are Proliferating In Calif.

Law360, New York (April 27, 2015, 10:33 AM EDT) -- Over the past three years, the number of initial public offerings has been consistently rising.[1] In 2014 alone, IPO activity increased 31 percent from the previous year, reaching the highest level since the end of the dot-com era in 2000.[2] And it appears that 2015 will be no different. In a survey of capital markets executives at leading investment banks, more than two-thirds believed that high IPO activity would either remain the same or increase in 2015.[3]

Unsurprisingly, this expanded IPO activity has led to an increase in litigation under Section 11 of the Securities Act, which imposes liability for material...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!