The number of accounting-related securities class action filings and settlements remained steady in 2024, with the number of filings increasing slightly and for the third consecutive year, according to a new report from…
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/ Civil Procedure, Commercial Law & Contracts, Law Practice Products & Services, Securities Law
Disciplinary notices issued by the CME Group’s Market Regulation Enforcement team remained steady in 2024 after experiencing a significant increase in 2023, according to a new report by Cornerstone Research. The report, Trends…
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/ Administrative Law, Commercial Law & Contracts, Finance & Banking, Securities Law
The number of securities class action settlements increased slightly in 2024 while the size of those settlements declined, according to a new report from Cornerstone Research. The report, Securities Class Action Settlements—2024…
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/ Civil Procedure, Commercial Law & Contracts, Finance & Banking, Securities Law
The U.S. Securities and Exchange Commission (SEC) drastically reduced its accounting and auditing enforcement activity in fiscal year 2024, the final year of Gary Gensler’s administration, ending two consecutive years of annual…
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/ Business Organizations, Commercial Law & Contracts, Finance & Banking, Science, Computers, & Technology, Securities Law
The Public Company Accounting Oversight Board (PCAOB) continued to expand its enforcement in the final year of the Biden administration, reaching the highest level of enforcement actions since 2017, according to a new report…
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/ Finance & Banking, Securities Law
AI-related filings more than double and 1933 Act filings continue to decline.
The number of securities class action filings increased for the second consecutive year in 2024, with artificial intelligence (AI)-related filings…
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/ Civil Procedure, Finance & Banking, Mergers & Acquisitions, Science, Computers, & Technology, Securities Law
5 Questions is a periodic feature produced by Cornerstone Research, which asks our affiliated experts, senior advisors, and professionals to answer five questions. We interview Professor Jonah Berger, of the Wharton School,…
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/ Antitrust & Trade Regulation, Business Torts, Electronic Discovery
Enforcement during Gensler administration was considerably higher than during the previous administration.
The Securities and Exchange Commission (SEC) brought 33 cryptocurrency-related enforcement actions in 2024, the last…
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/ Commercial Law & Contracts, Finance & Banking, Securities Law
The U.S. Securities and Exchange Commission (SEC) initiated 80 enforcement actions against public companies and subsidiaries in fiscal year 2024, marking a 12% decline from FY 2023 but still up nearly 5% compared to the…
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/ Commercial Law & Contracts, Finance & Banking, Securities Law
Filings in the services, manufacturing, finance, insurance, and real estate industries contribute to year-over-year increase. Large corporate bankruptcy filings continued to climb in the latter half of 2023 through the first…
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/ Bankruptcy, Finance & Banking, Law Practice Products & Services
Securities class action settlements often include what is commonly referred to as a “blow provision”—a provision designed to give defendants the option to terminate the settlement agreement if a specified threshold of investors…
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/ Business Organizations, Civil Procedure, Commercial Law & Contracts, Securities Law
Ukraine War contributes to substantial increase in U.S. LNG exports to Europe. Washington—Annual marketed production of natural gas increased in the United States to a record high in 2022..…
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/ Energy & Utilities, International Law & Trade
The authors examine settlement outcomes of derivative lawsuits linked to securities class actions, focusing on 110 cases associated with securities class action settlements between 2019 and 2023…
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/ Business Organizations, Finance & Banking, Securities Law
This is an excerpt from Securities Class Action Filings 2024 Midyear Assessment -
This index tracks the number of core federal filings against foreign issuers (i.e., companies headquartered outside the United States) relative…
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/ Civil Procedure, Finance & Banking, International Law & Trade, Securities Law
This is an excerpt from Securities Class Action Filings 2024 Midyear Assessment -
This figure highlights recent trend categories that have appeared in core filing activity. See the Glossary for definitions of each trend…
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/ Business Torts, Civil Procedure, Finance & Banking, Science, Computers, & Technology, Securities Law