What Do Market Overreactions Mean For Securities Litigation?

Law360 (October 18, 2019, 6:16 PM EDT) -- In September, a total of 44 class action lawsuits were filed alleging securities fraud. This is the highest monthly total over the past 12 months.[1]

Of the 44 filings last month, 20 were alleged violations of U.S. Securities and Exchange Commission Rule 10b-5.[2] According to Rule 10b-5, it is unlawful to make false or misleading statements of, or omit to state a material fact related to the purchase or sale of securities.

In a typical 10b-5 lawsuit, the magnitude of the price drop in response to the corrective disclosure, which corrects the misleading statements or omissions, is the key datum used...

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?
Ask a question!