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]...

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