In 2024, plaintiffs filed 36 securities class action lawsuits against non-U.S. issuers, up by three from the 33 filings in 2023. Also last year, courts rendered 22 decisions resolving motions to dismiss securities class...more
Examine trends in federal securities class-action filings, which saw a slight uptick in 2024, with an increase in AI-related cases and notable declines in SPAC and cryptocurrency-related filings;
Discuss recent decisions...more
2/21/2025
/ Artificial Intelligence ,
Class Action ,
Class Certification ,
Cryptocurrency ,
Fraud ,
Motion to Dismiss ,
NVIDIA ,
PSLRA ,
SCOTUS ,
Securities Fraud ,
Securities Litigation ,
Special Purpose Acquisition Companies (SPACs)
In this edition of Dechert’s Securities & Derivative Litigation Quarterly Update, we:
Examine the first criminal insider trading prosecution based on a 10b5-1 trading plan;...more
5/15/2023
/ Class Action ,
Coronavirus/COVID-19 ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Derivatives ,
Enforcement ,
Fraud ,
Securities ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Settlement ,
Special Purpose Acquisition Companies (SPACs) ,
Trading Plans
In 2022, there were 197 federal securities class actions filed, which is a slight drop from the 211 filings in 2021, and a significant drop from the over 400 filings in 2017, 2018, and 2019, and over 300 in 2020. There were...more
2/9/2023
/ Blockchain ,
Certiorari ,
Class Action ,
Cryptocurrency ,
Derivatives ,
Environmental Social & Governance (ESG) ,
SCOTUS ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act of 1934 ,
Securities Litigation ,
Settlement ,
Slack ,
Special Purpose Acquisition Companies (SPACs)
In 2022, there were 197 federal securities class actions filed, which is a 6.6% drop from the 211 filings in 2021, and a significant drop from the over 400 filings in 2017, 2018, and 2019, and over 300 in 2020. Despite a...more
2/7/2023
/ Blockchain ,
Certiorari ,
Class Action ,
Cryptocurrency ,
Derivatives ,
Enforcement ,
Environmental Social & Governance (ESG) ,
Greenwashing ,
Litigation Strategies ,
SCOTUS ,
Securities ,
Securities Act of 1933 ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Settlement ,
Special Purpose Acquisition Companies (SPACs)
Biden Administration to Introduce New National Cyber Strategy for Critical Infrastructure -
The Biden administration is reportedly working on a National Cyber Strategy for critical infrastructure that will advocate a more...more
1/20/2023
/ Biden Administration ,
Chemicals ,
Class Action ,
Critical Infrastructure Sectors ,
Cybersecurity ,
Data Collection ,
Data Security ,
Energy Sector ,
Facial Recognition Technology ,
Homeland Security Cybersecurity & Infrastructure Security Agency (CISA) ,
Information Technology ,
National Security ,
NIST ,
Oil & Gas ,
OMB ,
Pipelines ,
Proposed Legislation ,
Public Safety ,
Railways ,
Settlement ,
TSA ,
Water