News & Analysis as of

Class Action › Generally Accepted Accounting Procedures › Securities Litigation

A class action is a type of legal action where a representative individual or group of individuals can bring a claim on behalf of a larger group or class who share a common legal interest.
Cornerstone Research

Number of Accounting-Related Securities Class Action Filings and Settlements Remained Steady in 2024 as Size of Settlements Shrunk

Cornerstone Research on

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...more

Dorsey & Whitney LLP

Class Action Settlements, Cases Paralleled by SEC Up in 2015

Dorsey & Whitney LLP on

Cornerstone Research released a report on Securities Class Action Settlements, “Securities Class Action Settlements, 2015 Review and Analysis”. It records an increased number of settled securities class actions last year....more

Dorsey & Whitney LLP

Securities Class Action Suits Increased in 2015

Dorsey & Whitney LLP on

Last year there were more class action suits filed compared to the prior year. The actions were brought largely against companies traded on the two major exchanges in the biotech and healthcare sectors, according to a recent...more

Dorsey & Whitney LLP

More Class Actions Claim GAAP Violations, Less Paralleled by SEC Case

Dorsey & Whitney LLP on

Last year the number of securities class action cases settled remained largely constant compared to the prior year, according to a report by Cornerstone Research. At the same time the number of cases alleging GAAP violations...more

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