Wednesday, February 6, 2008

Securities Class Action Filings Expected to Increase

A recently released study, Predicting Securities Litigation, found that securities class action filings rose 43% in 2007, and predicted another year of increased litigation in 2008.

The study found that small and mid-cap companies are increasingly subjected to such lawsuits, and found that a strong indicator of potential securities litigation is whether CEO compensation practices are poorly-aligned with shareholder interests.

2008 is already off to a strong start for securities filings, with a reported minimum of 24 securities class actions filed in January.

Related Post: Retail Clothing Company Sued for Decision to Delist


The Law Firm of Kotchen & Low LLP - Civil Litigation, Counseling, and Representation Before Government Agencies

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